Godrej Agrovet makes further investment in Godrej Maxximilk Pvt Ltd

Godrej Agrovet Limited has made additional investment aggregating to Rs.20 Crore in the Equity Share Capital of Godrej Maxximilk Private Limited ("GMPL"), Wholly Owned Subsidiary Company, by way of subscription to Rights Issue and accordingly, has been allotted 5,88,236 Equity Shares of Face Value of Rs.10/- each of GMPL on October 11, 2022.

The Company is engaged in Agri-business and its principal business activities includes, to carry on in India the business of acquiring, breeding, rearing, reproduction, raising, selling and marketing of cattle, technological work related to cattle, research for cattle and dairy farming including developing high breed cattle.

The object of the acquisition is to subscribe Equity Shares entitlement of the Company in the Rights Issue of GMPL, a Wholly-Owned Subsidiary Company.

Source : Equity Bulls

Keywords

GodrejAgrovet AdditionalInvestment GodrejMaxximilk