Anupam Rasayan shares zoom over 3% to 52-week high on plans to acquire Jayhawk for $150 million

This comes after the company on Tuesday said it has agreed to acquire the entire stake of Jayhawk Fine Chemicals Corporation, a US-based specialty chemical company, for approximately $150 million.

At around 1:35 pm, the stock was trading 1.73% higher at ₹1,317 per equity share.

The scrip has gained over 5% in the past week and nearly 22% over the week. On a year-to-date basis, it has surged about 82%.

The share touched a year’s low of ₹601 apiece on February 28, 2025.

In a regulatory filing dated December 9, the company said that the purchase consideration accounts for the payment against the equity value of Jayhawk and existing loans payable to the exiting shareholders.

Accounting for about $16 million of cash and cash-like items for Jayhawk as of June, the purchase consideration translates to an enterprise value of about $134 million, it added.

Anupam Rasayan will finance the acquisition through a mix of internal accruals, debt and quasi equity from a leading global investment management firm with an AUM in excess of $100 billion. Furthermore, the acquisition will be earnings per share (EPS) accretive for it.

Commenting on the acquisition, Anand Desai, Managing Director, Anupam Rasayan India Ltd., said: “Now, with Jayhawk, we move forward in the value chain, closer to the end applications, manufacturing key N-1 molecules for these critical sectors. The addition of Jayhawk’s U.S. operations significantly strengthens our global footprint and positions us closer to strategic customers in developed markets.”

Jayhawk, part of the CABB group, posted revenues and adjusted EBITDA of about $78 million and $15 million, respectively, in 2024.

“We are certain that Anupam Rasayan is perfectly positioned for long-term growth with the Jayhawk team, and we wish them success as they embark on this new chapter,” said , Tobias Schalow, CEO, CABB Group.

Anupam Rasayan India has a total market capitalisation of ₹15,021.15 crore, as of December 10, 2025, according to data on the NSE.