Kumaka Industries divests its investment in Kadakia Alkalies and Chemicals

12 May 2015

Kumaka Industries has sold its investment in Kadakia Alkalies and Chemicals, a subsidiary and associate company. The company has sold 78,45,000 equity shares in Kadakia Alkalies and Chemicals pursuant to which it ceased to be subsidiary and associate company with effect from March 10, 2015.

Kumaka Industries is a leading manufacturer of pharmaceutical products. The company currently has its own manufacturing facility in Gujarat to manufacturers Corticosteroids and its Salts.

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