Acquisitions29 May 2025, 07:21 pm
Godrej Agrovet Completes Acquisition of 47.38% Equity Share Capital in Creamline Dairy
AI Summary
Godrej Agrovet Ltd. has completed the acquisition of an additional 47.38% of the Paid-up Equity Share Capital of Creamline Dairy Products Limited (CDPL), a subsidiary company. This acquisition has increased Godrej Agrovet's total shareholding in CDPL from 51.94% to 99.32%. The transaction was previously announced on March 11, 2025.
Key Highlights
- Godrej Agrovet has completed the acquisition of 47.38% Equity Share Capital in Creamline Dairy Products Limited.
- This acquisition increases Godrej Agrovet's total shareholding in Creamline Dairy from 51.94% to 99.32%.
- Creamline Dairy Products Limited is a subsidiary company of Godrej Agrovet.
- The transaction is a significant move in Godrej Agrovet's growth strategy.
- The acquisition was announced on March 11, 2025, and has now been completed.