Indian Emulsifiers Limited — JV/Acquisition, 16-05-2026: Acquisition

Indian Emulsifiers (IEML) is acquiring a 10.99% stake in Chemical Brothers Enterprises Pvt Ltd for Rs 6 Cr. This strategic move unlocks direct access to Chemical Brothers' pre-approved customers in regulated industries and their established global network spanning 15+ countries. IEML aims to boost margins by direct supply and streamline its group structure. The acquisition is part-funded by IEML's recently approved Rights Issue of up to Rs 51 Cr, enhancing market reach and operational efficiency.