Sudarshan Chemical's Step-Down Subsidiary Heubach Colorants Scandinavia AB Liquidated
Sudarshan Chemical Industries Limited has announced the liquidation of its step-down wholly-owned subsidiary, Heubach Colorants Scandinavia AB, domiciled in Sweden. The liquidation became effective on...
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Why is Sudarshan Chemical Industries Limited in the news today?
Sudarshan Chemical Industries Limited (SUDARSCHEM) is in the news due to the liquidation of a step-down subsidiary is a corporate restructuring event. while it signifies a closure of an entity, the financial impact appears minimal (0% turnover, 0.3% net worth), and no funds were received, suggesting a neutral impact.
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Sudarshan Chemical's Step-Down Subsidiary Heubach Colorants Scandinavia AB Liquidated
December 30, 2025, 11:47 AM
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Sudarshan Chemical Industries Limited has announced the liquidation of its step-down wholly-owned subsidiary, Heubach Colorants Scandinavia AB, domiciled in Sweden. The liquidation became effective on December 29, 2025.
This entity was undergoing a voluntary liquidation process following Sudarshan Europe B.V.'s, a wholly-owned subsidiary of Sudarshan Chemical, acquisition of the Global Pigment Business Operations of Heubach Group on March 3, 2025. The acquisition also included associated parties (PACs).
The liquidated subsidiary contributed Nil (0%) to the company's turnover or revenue for FY 2024-25. Its net worth as of FY 2024-25 was ₹1,309.7 Lakhs, representing 0.3% of the company's net worth. No amount was received by Sudarshan Chemical Industries Limited as consideration following the liquidation, as it was a step-down wholly-owned subsidiary.
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