Excel Crop Care merger with Sumitomo Chemical India will be like house of fire! | M&A C... - 0 views
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mnacritique on 26 Oct 18The rationale for creating huge paid-up capital of ₹499.14 crores of the merged entity having turnover of ₹ 2086 crores and PAT under ₹150 crores is not clear except that Sumitomo does not want legacy of Excel as the continuing company.