Tata Chemicals provides update on subsidiary

Rallis India to acquire balance stake in Metahelix

Tata Chemicals announced that the Board of Company's subsidiary, Rallis India ('Rallis'), has approved the increase in the stake in Metahelix Life Sciences (Metahelix), subsidiary of Rallis, from 80.51% to 100%.

Consequently, Metahelix will become a wholly owned subsidiary of Rallis on completion of the acquisition of the balance shares in Metahelix.

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