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Sadhana Nitro Chem to acquire entire stake of Spidigo Net

23 Jan 2019 Evaluate

Sadhana Nitro Chem has received an approval for acquisition of all the shares of Spidigo Net for making it wholly owned subsidiary of the company. The Board of Directors of the company at their meeting on January 22, 2019, approved the same.

Sadhana Nitro Chem is engaged in the manufacture and marketing of Nitrobenzene and its downstream derivatives and intermediates for various applications in Pharma, Agro, Dyes, Plastic Additives & Epoxy resin hardeners.

Peers
Company Name CMP
Godrej Industries 922.10
SRF 2309.00
BASF India 3069.15
Pidilite Inds. 1514.00
Tata Chemicals 575.50
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