Update on Acquisition
As filed · Supreme Petrochem Limited has informed the Exchange about update on Acquisition
M&AWatchMajormateriality 82 out of 100
What happened
FactSupreme Petrochem Limited has informed the Exchange about update on Acquisition. proposat of Supreme Petrochem Limited (the Company) for acquisition of 2171813 equity shares of Rs.10/- each. of Xmotd Potymers Pvt. Ltd. (Xmotd)from its existing Promoters/Sharehotders, representing 1000/o of the equity.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
WithdrawnEarlierQ4 FY25
We expect to grow around 13% in volumes this year
NowQ1 FY27
Our ABS compounds even in the quarter gone by has done very well.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationIn Q4 FY25, Rakesh Nayyar stated an expectation of 13% growth in volumes, but in Q1 FY27, he did not provide a specific growth target, only mentioning that ABS compounds performed well. This indicates that the previously stated target is no longer being given.confidence 90%
Watch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- We expect to grow around 13% in volumes this year (management committed by FY25)
Evidence
- Supreme Petrochem Limited has informed the Exchange about update on Acquisition(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%