Premji Invest completed the acquisition of a 95% stake in Best Value Chem.

Premji Invest, the investment arm of Azim Premji's endowment and philanthropic initiatives, completed the acquisition of a 95% stake in Best Value Chem, a manufacturer of speciality chemicals. Financial terms were not disclosed. "With Premji Invest backing us, we look forward to expanding our capacity and meeting the increasing demand from our global customers. We intend to move up the value chain and consolidate our position in the Indian Aroma Chemical market." Sanju C.O., BVC CEO.