Kanoria Chemicals & Industries’ (KCI) board has approved Scheme of Amalgamation of the company’s wholly owned subsidiary - Pipri with itself, with effect from April 1, 2018. The board of directors at its meeting held on May 18, approved the same.
Kanoria Chemicals & Industries is a leading manufacturer of chemical intermediates in India. Apart from chemicals, it has diversified business interests including automotive and industrial electronics, renewable energy and textiles.