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Godrej Agrovet gets nod to raise Rs 50 crore through NCDs

09 Feb 2023 Evaluate

Godrej Agrovet has received approval from Board of Directors to raise Rs 50 crore through issuance of Non-Convertible Debentures (NCD) for expansion and development of business operations of the Company and meeting the short term and long-term financial requirements of the Company. The Board of Directors of the Company, at its Meeting held February 8, 2023 has approved the same.

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.

Peers
Company Name CMP
Godrej Agrovet 643.10
Avanti Feeds 741.70
Mukka Proteins 27.13
Mayank Cattle Food 107.00
Prima Agro 16.50
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