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Rallis India plans to hike stake in Zero Waste Agro Organics to 51%

24 Jan 2013 Evaluate

Rallis India, a leading player in the Indian crop protection industry, is aiming to increase stake in Zero Waste Agro Organics to 51% by 2013-14. Further, the company during the third quarter acquired 22.81% stake in the same company.

Meanwhile, the company has acquired additional shares in Metahelix Life Sciences (Metahelix) during the December quarter, increasing its shareholding to 77.02% as on December 31, 2012, from 75.64%.

Rallis is one of India’s leading agrochemicals companies, with a century old tradition of servicing rural markets and a comprehensive portfolio of crop care solutions for farmers.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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