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Riddhi Siddhi Gluco Biols Ltd has approved the acquisition of assets from Cargill India on January 19, 2026, strengthening its position in the starch and bio-products industry. The move is expected to expand production capacity, enhance product offerings, and align with the company’s long-term growth and diversification strategy.
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Key Highlights
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Acquisition Approval: The board of Riddhi Siddhi Gluco Biols Ltd (RSGB.BO) has formally approved the acquisition of assets from Cargill India, a significant step in its expansion roadmap.
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Strategic Fit: The acquisition is expected to boost manufacturing capabilities and broaden RSGB’s portfolio in starch derivatives and bio-based products.
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Industry Context: With demand for starch and specialty chemicals rising across food, pharma, and industrial sectors, RSGB aims to leverage Cargill’s established assets to meet growing market needs.
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Growth Outlook: Analysts highlight that the deal will strengthen RSGB’s competitive edge, reduce dependency on imports, and support sustainable revenue growth.
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Operational Impact: The acquisition is likely to improve supply chain efficiency and enhance RSGB’s ability to serve both domestic and export markets.
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Future Plans: The company is expected to integrate Cargill’s assets seamlessly, aligning with its vision of becoming a leading player in India’s starch and bioproducts ecosystem.
This acquisition underscores RSGB’s commitment to strategic expansion and industry leadership, positioning it for stronger growth in the coming years.
Sources: Reuters, Moneycontrol, Goodreturns, EasyLeadz
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