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Coromandel International executes agreement to subscribe equity shares in CCPP

19 Jul 2024 Evaluate

Coromandel International has executed agreement to subscribe to equity shares in Coromandel Crop Protection Philippines Inc (CCPP) by infusion of $193,000 (upto Rs 1.56 crore). This infusion of $193,000 will increase the company’s stake from 40% to 93.23% and then CCPP will become a subsidiary of the Company.

Further Investment in CCPP is with the intention to gain control on the market/ channel by owning registration/ brands and establish direct access to the channel. The acquisition shall be completed during second quarter of FY 2024-25. 

Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.


Coromandel Interntl. Share Price

1868.95 -58.75 (-3.05%)
11-May-2026 16:59 View Price Chart
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