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Fairchem Speciality to incorporate wholly owned subsidiary

06 Feb 2019 Evaluate

Fairchem Speciality has decided to incorporate wholly owned subsidiary company as ‘Public Limited Company’ and to make initial investment up to Rs 1,00,000 by way of subscription to Equity Share Capital of the said proposed subsidiary company. The Board of Directors of the company at its meeting held on February 05, 2019, decided the same.

Fairchem Speciality’s principal activity is to manufacture speciality oleo chemicals and products for the nutraceutical industry.

Peers
Company Name CMP
Godrej Industries 978.30
SRF 2442.10
BASF India 2959.95
Pidilite Inds. 1507.00
Tata Chemicals 603.10
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