Business Standard

Majestic Research Services & Solutions divests its stake in JV

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Capital Market

Due to strategic differences

Majestic Research Services & Solutions has divested its stake in joint venture between the Company and Analysis the Scent International GmbH on 28 December 2016 due to strategic differences in the business model to be followed. For this purpose, the Company has transferred 50% of its stake and control in Scent Analysis Majectic to Analysis the Scent International GmbH and its nominee.

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First Published: Jan 03 2017 | 9:42 AM IST

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