Corporate News     08-Feb-16
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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