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CCI approves Coromandel International’s majority stake purchase in NACL Industries

03 Jul 2025 Evaluate

Coromandel International has received approval from the Competition Commission of India (CCI) to acquire 10,68,96,146 equity shares representing 53.13% of the paid-up equity share capital of NACL Industries from KLR Products, Mrs. K. Lakshmi Raju and Bright Town Investment Advisor.

Additionally, the Coromandel International has also received CCI’s approval to acquire 5,500 equity shares of NACL Industries from Krishi Rasayan Exports and 5,500 equity shares from Agro Life Science Corporation.

NACL Industries is a renowned player in the Agrochemical space. The company is an established player with PAN India presence and is among the top Indian Agrochemical companies.

NACL Industries Share Price

167.95 -1.55 (-0.91%)
22-Apr-2026 10:53 View Price Chart
Peers
Company Name CMP
UPL 656.45
PI Industries 3023.55
Bayer CropScience 4797.70
Sharda Cropchem 1153.55
Sumitomo Chemical 443.00
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