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Heranba Industries’ arm acquires additional stake in Daikaffil Chemicals India

24 Jan 2024 Evaluate

Heranba Industries’ wholly owned subsidiary -- Mikusu India has acquired 104,499 equity shares (i.e 1.74% of the equity and voting share capital) of Daikaffil Chemicals India. As on date, the total holding of Mikusu India is 21,59,019 constituting 35.98% of the equity and voting share capital of the target company. 

Heranba Industries is engaged in manufacturing process which mainly includes chemical reactions of ammonolysis, esterification, hydrolysis, condensation, favorski reaction, isomerisation, cyanation, friedel crafts, methoxylation, cyclisation and halogenation.

Peers
Company Name CMP
UPL 559.90
PI Industries 2250.10
Bayer CropScience 3940.75
Sharda Cropchem 753.05
Sumitomo Chem. India 451.50
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