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Coromandel International gets nod to acquire 50% stake in CSQM

04 Feb 2020 Evaluate

Coromandel International has received an approval for the acquisition of 50,00,000 equity shares of Rs 10 each constituting 50% of the total share capital of Coromandel SQM (India) (CSQM), a joint venture between the company and Soquimich European Holdings BV.

The proposed acquisition of shares would help in consolidating the shareholding of the company in CSQM. Post-acquisition, CSQM will become a wholly owned subsidiary of the company.

Coromandel International is engaged in the manufacturing of fertilizers, plant protection chemicals and speciality nutrients.

Coromandel Interntl. Share Price

1999.20 15.20 (0.77%)
25-Jun-2026 16:59 View Price Chart
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