Rallis India acquires majority stake in Metahelix Life Sciences

摘要

RALLIS India (Rallis), a subsidiary of Tata Chemicals, today, announced the acquisition of a majority stake of 53.5 per cent in Metahelix Life Sciences, a Bangalore-based seeds research company with a portfolio of seeds successfully commercialised over the last three years. The acquisition is an all-cash deal of Rs99.5 crore, funded largely through internal accruals.