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Rossari Biotech acquires balance 16% stake in Tristar Intermediates

13 Apr 2023 Evaluate

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.

Peers
Company Name CMP
Godrej Industries 975.70
SRF 2316.55
BASF India 3248.55
Pidilite Inds. 1467.00
Tata Chemicals 606.15
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