Rallis India acquires 22.8% stake in Zero Waste Agro OrganicsRallis India has announced the acquisition of 22.8% stake in Zero Waste Agro Organics (ZWAOPL), a Maharashtra based organic manure and soil conditioners manufacturing company. As announced in April 2012, Rallis had entered into the definitive agreements for the acquisition of ZWAOPL. With this, Rallis has completed the first closing in terms of the agreements, by acquiring the first tranche of shares comprising 22.8% of the equity.The company made this announcement during the trading hours today, 19 October 2012.