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Chembond Chemicals to sell entire stake of Chembond Chemicals Malaysia

20 May 2019 Evaluate

Chembond Chemicals has received an approval to sell 100% stake in Chembond Chemicals Malaysia Sdn Bhd (Wholly owned Subsidiary), held by the company to Chembond Water Technologies (Wholly Owned Subsidiary). The Board of Directors of the company in its meeting held on May 18, 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 931.45
SRF 2400.00
BASF India 3139.55
Pidilite Inds. 1485.00
Tata Chemicals 609.40
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