Ducol Organics & Colours Share Price Today

Ducol approves share swap issuance of 17.6 lakh shares

Ducol Organics And Colours Limited shareholders approved the issuance of up to 17,64,697 equity shares to shareholders of M/s. Xchem Polymer India Private Limited via a share swap at the EGM on June 05, 2026. The resolution received 100% approval, with 9,315,628 votes polled, representing 57.31% of outstanding shares. M/s. Deep Shukla & Associates served as the scrutinizer for the voting process.

Ducol acquires 50.67% stake in Xchem for ₹38 crore

Ducol Organics & Colours Limited completed Phase 1 of acquiring Xchem Polymers India, purchasing a 50.67% stake for ₹38 crore in cash. This move, part of a total ₹75 crore deal, enhances Ducol's footprint in waterproofing and construction chemicals. Xchem, a debt-free entity based in Vapi, specializes in industrial adhesives and construction solutions.

NSE grants approval to list 39,682 Ducol shares

Ducol Organics And Colours Limited received in-principle approval from NSE to list 39,682 equity shares of ₹10 each issued on a preferential basis. The shares will be admitted to dealings upon confirmation from NSDL and CDSL. The approval follows the company's application submitted under SEBI regulations.

Ducol Organics Utilizes ₹31.43 Crore IPO Proceeds

Ducol Organics and Colours Limited utilized INR 31,43,57,357 out of the INR 31,51,20,000 raised via IPO by March 31, 2026. The unutilized balance of INR 7,62,643 is held in a Fixed Deposit with NKGSB Bank. Between October 2025 and March 2026, the company deployed ₹22,39,19,170 towards working capital and general corporate purposes. The statutory auditor certified no deviation from the original objects of the fund-raising.

Cohance Lifesciences opens e-voting from May 15

Cohance Lifesciences Limited has opened e-voting for members on resolutions from May 15 to June 13, 2026. The Postal Ballot Notice was dispatched electronically on May 14, 2026. Results will be announced on or before June 15, 2026.

Ducol Organics & Colours to Hold EGM on June 05, 2026 for Preferential Allotment via Share Swap to Acquire Stake in Xchem Polymer India

Ducol Organics & Colours Limited has called an EGM on June 05, 2026, to approve the issuance of up to 17,64,697 equity shares at Rs. 170/- per share via a share swap, to acquire up to 8,36,000 equity shares of Xchem Polymer India Private Limited for a total consideration of up to Rs. 29,99,98,600/-. The Board approved the proposal on May 11, 2026, with the relevant date for pricing set at May 06, 2026, and a computed minimum issue price of Rs. 120.94/- per share. Post-allotment, total equity shares outstanding will increase from 1,62,54,276 to 1,80,18,973, with the public shareholding rising from 48.67% to 53.70%. Remote e-voting will be open from June 02 to June 04, 2026, with May 29, 2026 as the cut-off date.