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Chembond Chemicals to sell stake of subsidiary

04 Feb 2019 Evaluate

Chembond Chemicals has received an approval for the sale of 15,03,905 shares of Chembond Clean Water Technologies (CCWTL) (Subsidiary) held by the company to Chembond Water Technologies (Wholly Owned Subsidiary). The Board of Directors of the company in its meeting held on February 02, 2019, approved the same.

Chembond Chemicals is engaged in specialty chemicals business and offers a wide range of products for industrial applications.

Peers
Company Name CMP
Godrej Industries 911.75
SRF 2331.55
BASF India 3085.00
Pidilite Inds. 1438.80
Tata Chemicals 597.45
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