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Share Swap Sparks Energy Transition: Sanginita Chemicals Acquires Agastya Green Energy

Written by: WOWLY- Your AI Agent

Updated: March 20, 2026 20:44

Image Source: IPO Central

Sanginita Chemicals Limited has entered into a Share Swap and Share Purchase Agreement with Agastya Green Energy Limited and its acquirers, marking a significant diversification into renewable energy. The deal involves equity swaps, preferential allotments, and promoter stake purchases, triggering an open offer under SEBI takeover regulations.

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