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Coromandel International has successfully acquired a 53% controlling stake in NACL Industries Ltd., a strategic move to significantly enhance its presence in the agri solutions sector. An open offer for an additional 26% stake from public shareholders is ongoing. Following the acquisition, new board members have been appointed to NACL, with Dr. Raghuram Devarakonda assuming the role of Managing Director & CEO. This aligns with Coromandel's long-term roadmap, aiming to accelerate NACL's innovation and growth.