Godrej Agrovet Ltd, the agribusiness subsidiary of Godrej Industries Ltd, has increased its shareholding in Israeli biotech firm Maxximilk Pvt. Ltd. The company, as per a Bombay Stock Exchange filing, has bought an additional 10.91 per cent stake in the company, thus taking its shareholding to 62.97 per cent. Godrej Agrovet had picked up a majority stake in the company in January 2018. Post the transaction, the company became its subsidiary and was renamed as Godrej Maxximilk Pvt. Ltd. Maxximilk specialises in in-vitro production of high-quality embryos that aid dairy farmers produce top-quality milk, thus increasing their yield by a significant proportion. The company claims that its embryos are genetically predisposed to withstand hot weather conditions. Originally established in central Israel in 2008, Maxximilk shifted gears and opened a production facility in Maharashtra in August 2017, after signing a partnership agreement with Godrej Agrovet Ltd. Godrej Agrovet, which made its public market debut in October 2017, is a diversified, research- and development-focused agri-business of the 120-year-old Godrej Group.