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Insecticides (India) incorporates wholly-owned subsidiary

21 Jul 2022 Evaluate

Insecticides (India) has incorporated wholly-owned subsidiary namely ‘IIL Biologicals’. The company will subscribe to 100% paid-up share capital of wholly owned subsidiary company by acquiring 10,000 equity shares at the face value of Rs 10 each aggregating to Rs 1 lakh in cash. IIL Biologicals shall carry on the business of manufacturing, sale, purchase, etc. of all kind of Organic and Biological farming fertilizers, bio-pesticides, bio-control agents or any other allied products.

Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.

Peers
Company Name CMP
UPL 524.00
PI Industries 2135.00
Bayer CropScience 3590.30
Sharda Cropchem 721.80
Sumitomo Chem. India 413.55
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