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Medgel becomes wholly-owned subsidiary company of Medi-Caps

02 Sep 2014 Evaluate

Medgel has become a 100% wholly-owned subsidiary company of Medi-Caps. The company has acquired 27,16,000 equity shares of Medgel due to invocation of pledge of shares of Medgel, on August 28, 2014 a subsidiary company of the company.

Medi-Caps incorporated in 1986 is a flagship company of Medi-Caps Group, is one of the largest manufacturer of empty hard gelatin capsules in terms of manufacturing capacity.

Peers
Company Name CMP
Godrej Industries 1019.85
SRF 2422.20
BASF India 3310.55
Pidilite Inds. 1482.05
Tata Chemicals 637.20
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