Godrej Agrovet has made additional investment aggregating to Rs 25 crore in the Equity Share Capital of Godrej Maxxmilk (GMPL), wholly owned Subsidiary Company, by way of subscription to Rights Issue and accordingly, has been allotted 7,35,295 Equity Shares of Face Value of Rs 10 each of GMPL on March 22, 2022. The object of the acquisition is to subscribe Equity Shares entitlement of the Company in the Rights Issue of GMPL.
Godrej Agrovet is a diversified, research and development focused agribusiness company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.
