Meghmani Organics’ (MOL), wholly-owned subsidiary -- Meghmani Agrochemicals has given successful exit to International Finance Corporation (IFC) by acquiring 24.97% equity stake held by IFC in Meghmani Finechem (MFL) for a consideration of Rs 221.2 crore. MFL is a material subsidiary of MOL.
Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.