Chembond Chemicals has received an approval to acquire shares in Chembond Enzyme Company (an associate company) to make it wholly owned subsidiary. The board of directors at their meeting held on May 11, 2015 has approved for the same.
The board has also approved to acquire shares in Chembond Bioengineering Company (subsidiary of Chembond Enzyme Company) to make it wholly owned subsidiary. The company also received approval for entering into Joint Venture Agreement (JVA) with Calvatis GmbH, Ladenburg, Germany.
Chembond Chemicals is engaged in specialty chemicals business and offers a range of products for industrial applications. The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
| View more.. | |
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