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Balaji Amines to divest its stake in Balaji Sourcing and Balaji Greentech Product

31 Jul 2012 Evaluate

Balaji Amines, a manufacturer of specialty chemicals, has received an approval for disinvestment of its holding in Balaji Sourcing and Balaji Greentech Product. The board at its meeting held on July 30, 2012 has discussed and approved for the same.Balaji Greentech Product (BGPL), a highly progressive organization, is one of the successful verticals of Balaji Amines Group of companies.

Balaji Amines is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company also manufactures derivatives, which are downstream products for various Pharma /Pesticide industries apart from user specific requirements.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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