Best Agrolife acquires 99% stake in Kashmir Chemicals

Best Agrolife Ltd. acquired a 99% stake in Kashmir Chemicals, a pesticide formulation manufacturer in Samba, Jammu and Kashmir. The deal was formalized on October 20, 2023, retroactively effective from September 16, 2023, and is expected to add approximately Rs. 350 crores to BAL's overall returns.

“This strategic move is expected to significantly contribute to BALs expansion of formulation manufacturing capacity, resulting in an approximate addition of Rs. 350 crores to its overall returns.”fashionvaluechain.com

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• fashionvaluechain.comBest Agrolife Acquires 99% Stake in Kashmir Chemicals; Becomes Major Partner - FASHION VALUE CHAINNov 30, 2023

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