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The Board of Directors has announced a board meeting to approve the acquisition of 10,68,96,146 equity shares of NACL Industries Limited, equating to 53.13% of its paid-up capital. The deal involves three share purchase agreements, totaling a consideration of ₹76.70 per share, aimed at enhancing Coromandel's position in the Indian Crop Protection industry. The completion is expected by Q1/Q2 FY2025-26, pending regulatory approvals. This strategic move is intended to broaden Coromandel's scale and accelerate entry into contract manufacturing and product commercialization in the agrochemical sector.