Rallis India to hike stake in ZWAOL to 100%

24 Nov 2016

Rallis India has inked an agreement for increasing its stake in its subsidiary Zero Waste Agro-Organics (ZWAOL), from 73.63% to 100%. Consequently, ZWAOL will become a wholly owned subsidiary of the company, on completion of the acquisition of the balance shares in ZWAOL. The company will acquire balance 26.37% stake in ZWAOL for Rs 19.49 crore.

ZWAOL is engaged in the manufacture of organic compost. The company was incorporated on November 9, 2011 and has its presence in India.

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.



Related Rallis India Ltd. Links:

Rallis India Share Price

273.80 -3.80 (-1.37%) Jan 27, 18:59
1 Year Price Chart
Peers
Company Name CMP
UPL 574.90
BASF India 1600.25
Bayer CropScience 5531.05
PI Industries 2091.35
Rallis India 273.80
View more..
Sensex vs Rallis India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback