The final approval from High Court will see the formal launch of a separate business entity.
Camson Bio Technologies Ltd. (CBTL) has filed the application for Scheme of Arrangement (Demerger) of seeds business to Camson Seeds Limited with the High Court of Karnataka.
The company has already received the observation letterfrom SEBI and BSE in this regard.
The final approval from High Court will see the formal launch of a separate business entity.
The promising agri biotech business has grown at a robust pace over the past few years and has now assumed sufficient size and scale. An improved focus will help it grow further and scale new boundaries. This will help to reach out to every farmer across the globe and share Camson’s message of Zero Residue Agriculture.
Also, fundamentally most dynamics like risk, capital requirements & return ratios of both businesses have begun to differ. This necessitated the need for the demerger
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