Nitrex Chemicals gets an upgrade – 3 Jan 2022

Nitrex Chemicals India Limited: was established by ACTIS, a private equity organisation promoted by CDC PLC., UK, for taking over the nitrocellulose and trading business of ICI India Limited in a management buyout.

As of date, the Lodha Group owns 99.7% of the company’s stakes through associate group companies

And according to the latest analysis, the company got an upgrade