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Syngenta India’s board has approved its parent's delisting offer. The price will be decided by the reverse book building way, the floor price for which has been set at just under Rs 352 a share reports CNBC-TV18.
Syngenta India’s board has approved its parent's delisting offer. The price will be decided by the reverse book building way, the floor price for which has been set at just under Rs 352 a share reports CNBC-TV18.
The parent company holds 84% stake Syngenta India whereas non-promoters hold 16%.
Syngenta India is a leading agri business company. It offers crop protection solutions and the products include insecticides, fungicides. It also offers high-value agrochemicals & seeds. Set email alert for |
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The Board approves the delisting proposal from parent company, Syngenta AG. The floor price is set at Rs 351.81 and the offer opens April 16, closes April 19. The exit price will be decided via reverse book building.
