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Godrej Industries gets nod for strategic partner in Godrej Agrovet

17 Dec 2012 Evaluate

Godrej Industries has received an approval for consideration of a strategic partner(s) in company's subsidiary, Godrej Agrovet (GAVL) and also part sale of company's investment in GAVL.

The board at its meeting held on December 17, 2012 has approved for the same via Circular Resolution.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint ventures.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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