Godrej Agrovet Ltd. (GAVL) is a diversified, R&D; focused agribusiness company with operations across five business verticals: animal feed, crop protection, oil palm, dairy, and poultry and processed foods. The company is the leading compound animal feed company in India, on the basis of installed capacity in FY16. Of the net proceeds from fresh issue, around Rs. 1,000mn will be utilized to repayment or prepayment of working capital facilities availed by the company. Another Rs. 1,500mn will be used to...