VERIFIEDET Stocks·15 Sept 2026negative

Solar Industries shares crash 9% after acquisition of South Africa’s Omnia Holdings for Rs 12,951 crore

AI Summary

·Solar Industries shares declined 9% following the announcement of its Rs 12,951 crore acquisition of South Africa's Omnia Holdings.
·The acquisition was made through an all-cash deal.
·The transaction is anticipated to enhance Solar Industries' global explosives and blasting operations and extend its reach into African and other international markets.