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Indo Amines gets nod to acquire 60% equity shares of Ashok Surfactants

02 Jul 2019 Evaluate

Indo Amines has received approval to acquire 60% equity shares of Ashok Surfactants by way of transfer from existing equity shareholders of Ashok Surfactants to the company. The Board of Directors of the company at their meeting held on July 01, 2019, approved the same.

Indo Amines manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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