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Arvee Laboratories sells entire stake in ‘Arvee Speciality Chemicals’

26 Mar 2021 Evaluate

Arvee Laboratories has sold its 100% investment in its subsidiary company namely ‘Arvee Speciality Chemicals’. The sale is made at Rs 1 lakh. Thus ‘Arvee Speciality Chemicals’ has ceased to be 100% subsidiary of company.

Arvee Laboratories (India) is mainly engaged in manufacturing of Polymer Modifiers, Contrast Media Intermediates and Drug Intermediates.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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