Agro Scientific Investments Limited agreed to acquire 5% stake in Kilimanjaro Biochem Limited from Banco Products (India) Limited (BSE:500039) for INR 14.1 million on October 25, 2018. In a related transaction, Agro Scientific Investments Limited agreed to acquire Lake Minerals (Mauritius) Limited from Banco Products (India) Limited for approximately INR 270 million. The transaction is subject to regulatory approval and is approved by Board of Banco Products. The transaction is expected to complete in 180 days after the regulatory approval. Agro Scientific Investments Limited completed the acquisition of 5% stake in Kilimanjaro Biochem Limited from Banco Products (India) Limited (BSE:500039) on January 2, 2019.