Jyothy Labs Offers To Buy 20% More In Henkel India At Rs 41.2/Share

Jyothy Laboratories makes open offer for 20 percent stake in Henkel India at 41.2 rupees a share.

Says, to buy 23.29 million shares via open offer for 959.66 million rupees.

Jyothy Labs said on May 6, it had agreed to buy 51 percent of Henkel AG's Indian arm for 5.7 billion rupees including debt for 20 rupees a share.