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Excel Crop Care to sell its investment in Excel Industries for Rs 4.05 crore

01 Jun 2016 Evaluate

Excel Crop Care has received an approval for sale of investment in 1,45,760 equity shares of Rs 5 each fully paid up of Excel Industries at aggregate consideration of Rs 4.05 crore. The sale of the shares will be to an existing co-promoter of Excel Industries. The board of directors at its meeting held on June 01, 2016 has considered and approved for the same.

Excel Crop Care is engaged in manufacture and trading of Pesticides. Besides solutions in soil health, seed treatment, crop protection, pest management, Excel Crop Care also offers effective post-harvest treatment that has ensured smooth supply and trade in agricultural commodities in many countries.



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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