Jyothy Labs ~ Post acquisition of Henkel India

Promoters have sold more than 4 percent of shares.now the pledged shares have come down to 8.53% from around 25%.Debts have also reduced.deb to equity ratio around 0.2.by 2021 they will be debt free according to management.Reduction of debts and pledged shares should be good for the company and share holders.

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