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Indo Amines to acquire 97.85% stake in Key Organics

08 Oct 2013 Evaluate

Indo Amines has entered in to the agreement with directors of Key Organics on October 06, 2013 for acquisition of shares, wherein holding of company in the said acquired company will be to the extent of 97.85% and acquired company shall treated as subsidiary of Indo Amines.

Key Organics is engaged in the business of production of organic chemicals with 4,500 metric tonnes per annum installed production capacity.

Indo Amines is engaged into manufacturing various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.

Peers
Company Name CMP
Godrej Industries 1105.50
SRF 2561.00
BASF India 3585.00
Pidilite Inds. 1566.10
Tata Chemicals 689.00
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