Godrej Industries owns 60.8 per cent in Agrovet, which is in businesses such as agri-inputs, animal feeds, palm oil manufacturing, dairy and poultry.
In a filing to the BSE, Godrej Industries informed that its board "has decided to participate in the IPO of equity shares by Godrej Agrovet Ltd".
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The board has authorised the management "to consider and finalise the terms and condition" for participation in the offer, it further added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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