Godrej Agrovet acquires remaining 25.1% stake in Godrej Maxximilk

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Godrej Agrovet Limited said that Private Limited (GMPL) has become its fully-owned subsidiary after it acquired the remaining 25.1% stake in the latter.

The Indian animal feed and agribusiness company had acquired the stake for INR 14.99 crore by subscribing preferential issue. has been allotted 4,41,176 equity shares at a face value of INR 10 each in Godrej Maxximilk.

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Based in , Godrej Maxximilk is said to specialize in breeding and production of the highest genetic potential animal.

Godrej Agrovet acquires remaining 25.1% stake in Godrej Maxximilk

Godrej Agrovet acquires remaining 25.1% stake in Godrej Maxximilk. Photo courtesy of Ari Kejonen from Pixabay.

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