Ducol Organics And Colours Limited — Updates, 01-04-2025: Press Release

Ducol Organics & Colours Limited has entered into a Share Purchase Agreement with Bitumag Industries, a leader in the waterproofing sector. This strategic acquisition aims to diversify Ducol's offerings beyond pigment dispersions into the growing waterproofing and construction chemicals market. Bitumag's established range of products, including high-performance waterproofing membranes, complements Ducol's portfolio, enhancing synergies and expanding its market reach. With this deal, Ducol's production capacity will increase to 10 million sq. mt. annually, reinforcing its position in both domestic and international markets. The acquisition, valued at ₹39.7 crores for a 100% stake, marks a significant step towards Ducol's long-term growth strategy, focusing on innovation and sustainability in product development. Expect potential growth opportunities as Ducol leverages Bitumag's expertise to attract new customers and solidify its market position.