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Shivalik Rasayan to enter into pharmaceutical business

06 Mar 2018 Evaluate

Shivalik Rasayan has received an approval for diversification of the business of the company in Pharmaceuticals by setting up a state of art USFDA & EU level manufacturing facility at Dahej in Gujarat. The Board of directors of the company at their meeting held on March 05, 2018, approved the same.

The Board has also given an approval for raising of funds by way of fresh issue of equity shares through preferential / rights / public offer / institutional placement, as may be deemed fit for setting up the Pharmaceuticals API & Intermediates manufacturing plant in Dahej, Gujarat, existing business and for such other purpose as may be determined by the Board.

Shivalik Rasayan is engaged in providing agrochemicals. The company is a manufacturer of organ phosphorous (OP)-based insecticides and chemicals.

Shivalik Rasayan Share Price

278.75 6.60 (2.43%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
UPL 665.00
PI Industries 3144.45
Bayer CropScience 4900.45
Sharda Cropchem 1109.70
Sumitomo Chemical 441.95
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