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Rallis India to increase its stake in Metahelix to 100%

06 Feb 2016 Evaluate

Rallis India has received an approval to increase its stake in Metahelix Life Sciences (Metahelix), subsidiary of the company, from 80.51% to 100%. Consequently, Metahelix will become a wholly owned subsidiary of the company, on completion of the acquisition of the balance shares in Metahelix. The board of director at its meeting held on February 05, 2016, has approved for the same.

Rallis India is a major agri-solution provider company in India. The company has been associated with the farming community for the past over 160 years and continuously strives to improve farm productivity through innovative product & service offerings.


Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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