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Omkar Speciality Chemicals gets NCLT’s approval for composite scheme of arrangement

14 Apr 2017 Evaluate

Omkar Speciality Chemicals has received approval from the National Company Law Tribunal (NCLT) for the scheme of arrangement between Omkar Speciality Chemicals and Lasa Laboratory, Urdhwa Chemicals, Rishichem Research, Desh Chemicals and Lasa Supergenerics.

Accordingly, Lasa Laboratory, Urdhwa Chemicals, Rishichem Research, and Desh Chemicals will be merged with Omkar Speciality; along with the demerger of the veterinary API undertaking of the merged Omkar Speciality Chemicals into Lasa Supergenerics.

Omkar Speciality Chemicals is one of the leading players in the manufacturing of Speciality Chemicals and Veterinary APIs. The company manufactures a range of Organic, Inorganic and Organo Inorganic Intermediates.

Peers
Company Name CMP
Godrej Industries 1106.50
SRF 2540.10
BASF India 3578.75
Pidilite Inds. 1586.00
Tata Chemicals 670.65
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