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Hester Biosciences to invest in its wholly owned subsidiary

07 Jun 2017 Evaluate

Hester Biosciences has received its board’s approval to make an investment in its wholly owned subsidiary company namely Hester Biosciences Africa, incorporated in the Tanzania, Africa, to the extent of $3 million.

The main business of the wholly owned subsidiary company will be of Manufacturing and Trading of Veterinary Vaccines and Health Products. Investment will be under the Automatic Route of Foreign Exchange Management Regulations (FEMA) and subject to necessary regulatory approvals in Tanzania, if any.

Hester Biosciences is one of India’s leading animal healthcare companies and second largest poultry vaccine manufacturer. Located near Ahmedabad, Gujarat, Hester has a state-of-the-art manufacturing facility for products ranging from vaccines, health products to diagnostics. Hester’s services include seroprofiling for poultry flocks and mastitis control programs for cattle.

Hester Biosciences Share Price

1649.65 11.45 (0.70%)
08-May-2026 16:59 View Price Chart
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