# Anupam Rasayan to acquire 24.96% stake in Tanfac Industries for Rs 148 crore

Anupam Rasayan India Ltd will acquire a 24.96% stake in Tanfac Industries Ltd from Birla Group Holdings and other promoters for Rs 148.14 crore, and will launch an open offer for an additional 26% from public shareholders.

- Type: Acquisition
- Announced: 2022-02-01
- Where: India
- Value: $19.8M (1.48B INR)
- Status: announced
- Products: fluoro derivatives, crop protection chemicals, pharma intermediates, polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Birla Corporation](https://endata.com/companies/20600.md) (partner)
- [Anupam Rasayan India Ltd](https://endata.com/companies/51809.md) (acquirer)
- [Tanfac Industries](https://endata.com/companies/60749.md) (target)

## Sources

- [tradebrains.in](https://tradebrains.in/features/biz-anupam-rasayan-birla/), 2022-02-01: "Tanfac is strategically fit for our fluorination chemistry business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.