TheGrandParadise.com Essay Tips Is Rallis India owned by Tata?

Is Rallis India owned by Tata?

Is Rallis India owned by Tata?

Rallis, a Tata Enterprise, is a subsidiary of Tata Chemicals, with its business presence in the farm essentials vertical. It is one of India’s leading crop care companies. The company’s 2,300 distributors reach more than 40,000 retail counters across the country, covering more than 80% of India’s districts.

What does Rallis company do?

Rallis is the leading producer and distributor of agro-based tanning materials from a variety of forest products.

What is the product of Rallis India?

Rallis is partnering with leading companies to manufacture commercial-grade crop protection chemicals, speciality chemicals, polymers and intermediates.

When did Tata Buy Rallis India?

It has long had Tata Group investors and that stake was streamlined in 2010, with Tata Chemicals now holding 50 per cent equity. V Shankar, chief executive and managing director, Rallis, has overseen a transformation programme since taking the reins in 2007.

Who is promoter of Rallis?

The Shareholding Pattern page of Rallis India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Shareholding Pattern – Rallis India Ltd.
Holder’s Name No of Shares % Share Holding
NoOfShares 194468890 100%
Promoters 97416610 50.09%

Is Rallis India Debt Free?

You can click the graphic below for the historical numbers, but it shows that Rallis India had ₹378.3m of debt in March 2021, down from ₹653.0m, one year before. But on the other hand it also has ₹3.43b in cash, leading to a ₹3.05b net cash position.

Is Rallis Tata Group company?

– Rallis is part of India’s Tata Group, the country’s largest business conglomerate.

Why did Rallis fall?

Rallis India share fell over 6% today after the subsidiary of Tata Chemicals reported a 13.3 per cent fall in net profit for the quarter ended December 2021. The stock has fallen after five days of consecutive gain. The share opened with a loss of 4.63% at Rs 281 against the previous close of Rs 294.65 on BSE.

Why Rallis India share is going down?