Godrej Agrovet invests 25 crore via Rights Issue in cattle rearing arm

The Company has made additional investment aggregating to Rs.25 Crore in the Equity Share Capital of Godrej Maxx Milk Private Limited (“GMPL”), a wholly owned subsidiary, by way of subscription to Rights Issue and accordingly, has been allotted 7,35,295 Equity Shares of Face Value of Rs.10/- each of GMPL on March 22, 2022.

The Company is engaged in Agri-business and its principal business activities includes, to carry on
in India and abroad the business of acquiring, breeding, rearing, reproduction, raising, selling
and marketing of cattle, technological work related to cattle, research for cattle and dairy farming including developing high breed cattle