New Delhi: The Competition Commission of India (CCI) has approved the acquisition of equity share capital of Sajjan India Limited by Sona Company Pte Ltd under Section 31(1) of the Competition Act, 2002.

Sona Company is an investment company, incorporated under the laws of Singapore and does not have any physical presence in India. It does not have any portfolio companies or investments in India as on the date of the notice.

In India, Sajjan India Limited's activities are limited to contract manufacture and manufacture of chemical compounds used in agro-chemicals; manufacture and trade of specialty chemicals;  manufacture and trade of chemical compounds used in dyes and pigments; manufacture of chemical compounds /intermediates. /BI/