Zuari Global’s wholly owned subsidiary Zuari Investments has acquired additional 26.27% (totaling 51.27%) equity shares of Gobind Sugar Mills (GSML) and therefore GSML has become a subsidiary of Zuari Investments. Consequently, GSML has also become subsidiary of Zuari Global.
Zuari Global, erstwhile Zuari Industries, has been the principal promoter entity for the Zuari Group of Companies, with forays into fertilizer, seeds, engineering, lifestyle industries and services.