DK Business Network
Astec LifeSciences, a subsidiary of Godrej Agrovet, has successfully completed a ₹238.2 crore equity rights issue with legal advisory support from Cyril Amarchand Mangaldas.
The advisory team included Yash J. Ashar (Senior Partner), Devaki Mankad (Partner and Regional Co-Head of Capital Markets (West)), and Abhyuday Bhotika (Partner), who were assisted by Veena Raghav (Senior Associate Designate), Anna Kallivayalil (Associate), and Mahima Aggarwal (Associate).
Astec LifeSciences holds a strong position in both the agrochemical and pharmaceutical sectors. Its portfolio covers the production and supply of diverse agrochemical active ingredients as well as pharmaceutical intermediates. The company’s product line operates nine manufacturing facilities equipped with more than 150 reactors.
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