Godrej Agrovet moves up on completing acquisition of additional 49% stake of GTFL
Godrej Agrovet is currently trading at Rs. 793.50, up by 3.60 points or 0.46% from its previous closing of Rs. 789.90 on the BSE.
The scrip opened at Rs. 800.00 and has touched a high and low of Rs. 806.20 and Rs. 792.55 respectively. So far 5168 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 877.85 on 15-Jul-2024 and a 52 week low of Rs. 447.00 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 813.35 and Rs. 780.50 respectively. The current market cap of the company is Rs. 15303.95 crore.
The promoters holding in the company stood at 74.03%, while Institutions and Non-Institutions held 13.83% and 12.14% respectively.
Godrej Agrovet has completed the acquisition of additional 49.00% of the Paid-up Equity Share Capital of Godrej Tyson Foods (GTFL), Subsidiary Company, from Tyson India Holdings (the existing equity shareholder), thereby increasing its total shareholding in GTFL from 51.00% to 100%.
Consequent to the completion of the aforementioned acquisition, GTFL has become a wholly-owned subsidiary of Godrej Agrovet with effect from August 27, 2024.
Godrej Agrovet is a diversified, research and development focused agribusiness company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.
