Clariant Chemicals (India), on Tuesday, said the company would sell its textile chemicals, paper specialities and emulsion businesses for Rs.209 crore.

Clariant Chemicals (India), which is part of Swiss speciality chemical giant Clariant AG, would also seek shareholders’ approval through postal ballot, the company said in a BSE filing.

The latest move follows the parent company’s decision in December, 2012, to exit globally from these ventures.

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