Rossari Biotech has acquired remaining 16% equity share capital of Tristar Intermediates (Tristar). With this, the company has completed the acquisition of 100% of the total equity share capital (on a fully diluted basis) of Tristar. Accordingly, with effective from April 12, 2023, Tristar became a wholly owned subsidiary of the Company.
Rossari Biotech is one of the leading specialty chemicals manufacturing company in India.