Ador Multiproducts has invested Rs 1.60 crore in 9.50% Unsecured Fully Compulsorily Convertible debentures of 1908 E-Ventures (an associate Company of Ador Multi Products in which Company already holds 38% stake).
Ador Multiproducts is a part of the Rs 500 crore ($115Mn.) Ador Group, dedicated to personal care products and is listed on BSE.