Godrej Industries - Updates
Godrej Industries Ltd has informed BSE that Shareholders of the Company had vide resolution passed on March 18, 2009 approved investment in Natures Basket Ltd (NBL), a 100% subsidiary of Godrej Agrovet Ltd (GAVL), which itself is a subsidiary of the Company.
Further the Company has informed that, the Company on July 03, 2009 has acquired the entire shareholding in NBL from GAVL. With this acquisition NBL has become a direct 100% subsidiary of the Company.
NBL focuses on specialty food including fresh produce and is positioned as a premium food chain.
Further the Company has informed that, the Company on July 03, 2009 has acquired the entire shareholding in NBL from GAVL. With this acquisition NBL has become a direct 100% subsidiary of the Company.
NBL focuses on specialty food including fresh produce and is positioned as a premium food chain.
posted by Admin at
Friday, July 03, 2009
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