Page 240 - Tata_Chemicals_yearly-reports-2017-18

Name of the Company Country of Incorporation Nature of % Equity Interest
Business As at As at
31 March, 2018 31 March, 2017
Tata Chemicals Magadi Limited United Kingdom Manufacturing 100.00% 100.00%
Northwich Resource Management Limited United Kingdom Dormant 100.00% 100.00%
Brunner Mond Generation Company Limited United Kingdom Dormant *** 100.00%
Gusiute Holdings (UK) Limited United Kingdom Investment 100.00% 100.00%
TCNA (UK) Limited United Kingdom Trading 100.00% 100.00%
British Salt Limited United Kingdom Manufacturing 100.00% 100.00%
Cheshire Salt Holdings Limited United Kingdom Investment 100.00% 100.00%
Cheshire Salt Limited United Kingdom Investment 100.00% 100.00%
Brinefield Storage Limited United Kingdom Dormant 100.00% 100.00%
Cheshire Cavity Storage 2 Limited United Kingdom Dormant 100.00% 100.00%
Cheshire Compressor Limited United Kingdom Dormant 100.00% 100.00%
Irish Feeds Limited United Kingdom Dormant 100.00% 100.00%
New Cheshire Salt Works Limited United Kingdom Investment 100.00% 100.00%
Grown Energy Zambeze Holdings Pvt. Ltd Mauritius Investment # 100.00%
Tata Chemicals International Pte. Limited (‘TCIPL’) Singapore Trading 100.00% 100.00%
Tata Chemicals (South Africa) Proprietary Limited South Africa Trading 100.00% 100.00%
Grown Energy (Pty) Limited South Africa Investment # 100.00%
Magadi Railway Company Limited Kenya Dormant 100.00% 100.00%
Grown Energy Zambeze Limitada Mozambique Manufacturing # 94.00%
Alcad** United States of America Manufacturing 50.00% 50.00%
* General Chemical Canada Holding Inc. has been dissolved during the year ended 31 March, 2017
** a general partnership formed under the laws of the State of Delaware (USA).
*** Brunner Mond Generation Company Limited and Brunner Mond Limited, subsidiaries in United Kingdom, have been dissolved during the
year ended 31 March, 2018.
@@ Ncourage Social Enterprise Foundation is incorporated as a wholly owned direct subsidiary under Section 8 of the Companies Act, 2013
with effect from 8 December, 2017.
# During the year, the Group has concluded divestment of Grown Energy Zambeze Holdings Pvt. Ltd., Mauritius and its subsidiaries.
## The Board of Directors of the Rallis India Limited has accorded its consent to the merger of Zero Waste Agro Organics Limited (a wholly
owned subsidiary of Rallis) with Rallis India Limited under a Scheme of Amalgamation subject to necessary statutory approvals from
various regulatory authorities, including the National Company Law Tribunal (‘NCLT’).
### During the year ended 31 March, 2018, the Board of Directors of the Company has approved the Scheme of Amalgamation (‘Scheme’)
under the provisions of Section 234 read with Sections 230 to 232 of the Companies Act, 2013 for the merger of Bio Energy Venture -
1 (Mauritius) Pvt. Ltd., a wholly owned subsidiary of the Company, with the Company, subject to necessary statutory and regulatory
approvals, including approval of the National Company Law Tribunal. The Scheme is in the process of being filed.

Name of the Company Country of Nature of % Equity Interest
Incorporation Business As at As at
31 March, 2018 31 March, 2017
Joint Ventures
Direct
Indo Maroc Phosphore S. A. Morocco Manufacturing 33.33% 33.33%
Indirect
The Block Salt Company Limited (Holding by New
Cheshire Salt Works Limited ) United Kingdom Manufacturing 50.00% 50.00%
JOil (S) Pte. Ltd and its subsidiaries (Holding by TCIPL) Singapore Manufacturing 33.78% 33.78%
Natronx Technologies LLC (Holding by TCSAP) United States of America Manufacturing 33.30% 33.30%
Promoter Group
Tata Sons Limited India

b) Business combination
Subsequent to balance sheet date, the Group has signed a Business Transfer Agreement with M/s. Allied Silica Limited to acquire their
business of precipated silica, on a slump sale basis for a consideration of ` 123 crore (subject to fulfilment of certain agreed conditions
and milestones). The effect of the transfer will be reflected in the financial information of the period in which the deal is consummated
post fulfillment of agreed conditions.
238 Annual Report 2017-18