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Astec LifeSciences to withdraw scheme of amalgamation with Godrej Agrovet

07 May 2019 Evaluate

Astec LifeSciences has received approval for withdrawal of the Scheme of Amalgamation of the Company with Godrej Agrovet. The company’s board has reviewed the proposal and decided not to pursue the Scheme further at this time, on the basis of its interaction with multiple stakeholders across the Company and Godrej Agrovet.

Earlier, the company had entered into draft Scheme of Amalgamation of the Company with Godrej Agrovet and their respective Shareholders.

Astec Lifesciences has over two decades of experience in the chemical industry. Their product range includes Tebuconazole, Hexaconazole, Propiconazole, Metalaxyl, Pentanediol, Dicap, Fluoro & phenacyl chloride. 

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