Emami has entered into an agreement for investment of Rs 1.95 crore, by way of subscription to the compulsorily convertible preference shares of ‘Cannis Lupus Services India’ (Cannis), its associate company. The investment is in line with the company’s strategy and to meet the business requirements of Cannis. Presently, Emami Limited is holding 30% Equity Share Capital of Cannis.
Emami is the flagship company of the Emami Group and engaged in manufacturing products under various categories namely Hair Care, Skin Creams and Lotions, Talcum Powder and ayurvedic health care products.
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Galaxy Surfactants | 2436.00 |
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