MoneyWorks4Me

Godrej Agrovet completes acquisition of additional 49% stake of GTFL

28 Aug 2024 Evaluate

Godrej Agrovet has completed the acquisition of additional 49.00% of the Paid-up Equity Share Capital of Godrej Tyson Foods (GTFL), Subsidiary Company, from Tyson India Holdings (the existing equity shareholder), thereby increasing its total shareholding in GTFL from 51.00% to 100%.

Consequent to the completion of the aforementioned acquisition, GTFL has become a wholly-owned subsidiary of Godrej Agrovet with effect from August 27, 2024.

Godrej Agrovet is a diversified, research and development focused agribusiness company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.


Peers
Company Name CMP
Godrej Agrovet 643.10
Avanti Feeds 741.70
Mukka Proteins 27.13
Mayank Cattle Food 107.00
Prima Agro 16.50
View more..