Corporate News     16-Jul-12
Punjab Chemicals' overseas subsidiary enters into an agreement to divest 100% shareholding in SD Agchem
Punjab Chemicals & Crop Protection has announced that the company's overseas subsidiary, SD Agchem (Europe) N.V., has entered into an agreement to divest 100% shareholding in SD Agchem (Netherlands) B.V. (SDANBV) to one of the overseas subsidiary of United Phosphorous.

With this divestment, SDANBV and its subsidiaries including Agrichem B.V., will cease to the company's step down subsidiaries.

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