Insecticides India in talks with PE firms
Insecticides India is in talks with private equity investors to raise INR700 million ($12.6 million) to INR1 billion for its business expansion, which will dilute a part of its promoter’s equity.
The Delhi-based pesticide maker - in which promoters held a 74.69% stake as of 31 March - plans to invest INR1.25 billion over the next two years, in a move to expand capacity and launch products, LiveMint...
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