0
Home
News
Directory
E-newsletter
Magazine
Events
Data
AgReport
Subscribe
CCI approves Coromandel's acquisition of stake in NACL Industries![qrcode]()
Jul. 2, 2025
Follow
India
Fair trade regulator CCI on Tuesday cleared Murugappa Group firm Coromandel International's proposal to acquire a stake in NACL Industries.
In March this year, Coromandel International announced the acquisition of a majority -- 53 per cent -- stake in NACL Industries Ltd for Rs 820 crore.
NACL, a listed entity, operates in the agro-chemical sector. It offers crop protection products and active ingredients.
"The proposed combination comprises acquisition of certain equity shares in NACL Industries Ltd (NACL) by Coromandel International Ltd (CIL)," the Competition Commission of India (CCI) said in a release.
CIL is a leading agri solutions provider. It operates in two major segments, nutrient and other allied businesses and crop protection.
"CCI approves acquisition of certain equity shares in NACL Industries Limited by Coromandel International Ltd," the regulator said in a post on X.
More from AgroNews
Change
Hot TopicSubscribe
| Subscribe Email: | * | |
| Name: | ||
| Mobile Number: | ||
Comment
0/1200
NEWSLETTER