**Summary:**
The Competition Commission of India (CCI) approved the acquisition of certain equity shares in NACL Industries Limited (NACL) by Coromandel International Limited (CIL) on July 1, 2025. CIL, a publicly listed agrisolutions provider, will acquire equity shares in NACL, a publicly listed company operating in the agrochemical sector. CIL's business verticals include crop nutrition, crop protection, active ingredients, and retail outlets. NACL offers crop protection products and active ingredients, including insecticides, fungicides, herbicides, plant growth regulators, and nematicides. A detailed order from the CCI will be released subsequently.
Key Entities Referenced
Competition Commission of India: The regulatory body that approved the acquisition.
NACL Industries Limited: The target company being acquired.
Coromandel International Limited: The acquirer company.
Delhi: Location where press release was issued.
crop nutrition: One of the key business verticals of Coromandel International Limited
crop protection: Another key business vertical of Coromandel International Limited and a business operated by NACL Industries Limited
active ingredients: Another key business vertical of Coromandel International Limited and a product offered by NACL Industries Limited.
agrochemical sector: The sector in which NACL operates.
Competition Commission of India
Competition Commission of India approves
acquisition of certain equity shares in NACL
Industries Limited by Coromandel International
Limited
Posted On: 01 JUL 2025 7:23PM by PIB Delhi
The Competition Commission of India has approved the acquisition of certain equity shares in NACL
Industries Limited by Coromandel International Limited.
The Proposed Combination comprises acquisition of certain equity shares in NACL Industries Limited
(NACL) by Coromandel International Limited (CIL).
CIL is a public listed company which is an agri-solutions provider, offering diverse products and services
across the farming value chain. The key business verticals of CIL include: (i) crop nutrition (fertilizers and
specialty nutrients); (ii) crop protection (insecticides, fungicides, herbicides, plant growth regulators,
bioproducts); (iii) active ingredients; and (iv) retail outlets.
NACL is a public listed company which operates in the agro-chemical sector. It offers crop
protection products and active ingredients. As part of its crop protection business, NACL supplies
insecticides, fungicides, herbicides and plant growth regulators / nematicides.
Detailed order of the Commission will follow.
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NB/AD
(Release ID: 2141336)