Bio Green Papers Limited (BSE:534535) agreed to acquire 49% in Challenger Cropcare Technologies Pvt. Ltd on December 29, 2017. The consideration comprises issuance of shares. The transaction is subject to approvals from statutory agencies. The deal is approved by the shareholders of Bio Green Papers Limited. Bio Green Papers Limited (BSE:534535) cancelled the acquisition of 49% in Challenger Cropcare Technologies Pvt. Ltd on December 29, 2018.