Malabar Trading Company has received an approval to acquire strategic majority stake in Protect Nature (PNPL). Pursuant to the said acquisition, PNPL would become subsidiary of the company with substantial holding. The board at its meeting held on January 14, 2012 has approved for the same.
Further, the board has authorized managing director to take all steps to complete the acquisition.
Protect Nature is a company engaged in the business of agro food produce, production and process including forward and backward integration including manufacturing of fertilizers.
Malabar Trading Company is primarily an online tea store offering a wide range selection of premium single estate loose leaf teas, signature chai blends, unique herbal tisanes and tea accessories.
Company Name | CMP |
---|---|
Adani Enterprises | 3037.05 |
Redington | 211.30 |
Amrapali Industries | 14.22 |
Rashi Peripheral | 319.05 |
Compuage Infocom | 4.36 |
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