Waterbase is planning to purchase 100% shares of Saatatya Vistaar Oorja Bengaluru to make it a wholly owned subsidiary of the company. The Board of Directors of the company will hold a meeting on March 25, 2020 to consider and approve the same.
Waterbase is a leading manufacturer of high quality shrimp feed in India. The company also processes shrimp in IQF, Block Frozen and Cooked form from its own captive farms, and exports its produce to global markets, predominantly Japan, Europe and the United States.
