Godrej Agrovet Limited has made additional investment aggregating to Rs14.99cr in the Equity Share Capital of Godrej Maxximilk Private Limited (GMPL), by way of subscription to preferential issue and accordingly, has been allotted 4,41,176 equity shares of the face value of Rs10/- each of GMPL on June 24, 2021.
The company had informed on June 22, 2021, that the company has acquired additional 25.10% of the paid-up equity share capital of GMPL subsidiary company, from the existing equity shareholders, thereby increasing its total shareholding in GMPL from 74.90% to 100%.