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Jubilant Ingrevia acquires 37.98% stake in Mister Veg Foods

17 Mar 2023 Evaluate

Jubilant Ingrevia has acquired 37.98% stake of Mister Veg Foods, an associate company of the Company. This further investment is towards potential synergies with the Nutrition business of the Company. Aggregate consideration for acquisition of additional shares is Rs 2.12 crore.  The acquisition is completed on March 16, 2023.

Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers.

Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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