Tuesday, July 21, 2009

Promoters to hive off 63% stake in Gharda Chemicals promoters to encourage research, philanthropy

Gharda Chemicals, the second-largest domestic agro-chemical company, in talks with private equity funds like Carlyle, Kotak and Blackstone and Agrochemical majors United Phosphorous to sell the promotter stake of 63% in the Rs 950-crore turnover company.

For more details on Promoters to hive off 63% stake in Gharda Chemicals promoters to encourage research, philanthropy click here

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