Coromandel acquires 50.2% of the equity shares of M/s. Ficom Organics Limited(Ficom)

Coromandel International Limited has acquired 50.2% of the equity shares of M/s Ficom Organics Limited (Ficom), Mumbai from its Promoters/Persons Acting in concert. This Company has a Plant at Ankaleswar, Gujarat for manufacture of Technical Grade Crop Protection Products. Coromandel has made a public announcement to the shareholders of Ficom for acquiring further 24% of equity of FIcom under SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 1997.