IFB Agro Industries Limited — Important, 31-07-2025: Updates
31-07-2025 | 06:30 pm
31-07-2025 | 06:30 pm
IFB Agro has completed a significant business acquisition, purchasing Cargill India's entire commercial shrimp and freshwater fish feed business undertaking. This strategic move, valued at Rs 110 crore, includes two manufacturing facilities in Andhra Pradesh, key feed formulations, assets, and the transfer of employees. The acquisition is a major operational expansion, bolstering IFB Agro's footprint in the growing aquafeed sector. With operations set to commence, this development positions the company to strengthen its market leadership and enhance future revenue streams in the animal nutrition segment.
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