Equity Intelligence India has raised 2.1% stake in Jubilant Industries by purchasing 2.48 lakh shares in the open market. Portfolio management client of Equity Intelligence India and its associates, which had 5.3% stake earlier, increased its shareholding in the company to 7.4% by buying shares on September 4, 2015.
Jubilant Industries is the flagship Company of Agri and Performance Polymers business of the Jubilant Bhartia group. The Company’s diversified portfolio includes a wide range of Crop Nutrition, Crop Growth and Crop protection Agri products and Performance Polymers products comprising consumer products like adhesives, wood finishes; food polymers and latex such as Vinyl Pyridine, SBR and NBR latex.
