Published On:July 2 2021
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Chemical manufacturer Sajjan India is up for sale, promoters eye Rs. 8000 cr deal.
Sajjan India Ltd., one of the largest agro chemicals company, is exploring to sell a controlling stake in the family-driven entity as it looks to reap benefits of a post-pandemic capital inflow into core industrial assets across emerging markets.
The Gujarat-based firm, controlled by Madhav Prasad Aggarwal, has hired investment bank JP Morgan to run the sale process, according to multiple people aware of the development.
ET