Zuari Agro Chemicals has received an approval for raising of an amount up to Rs 400 crore through further issue of securities including equity shares, by way of a QIP under applicable provisions of the Companies Act, 2013. The board of directors at their meeting held on January 22, 2015 has approved for the same.
The proceeds from QIP shall be utilized for substantial revamp of existing manufacturing capacities and towards strategic investment/acquisitions.
Zuari Agro Chemicals is one of the leading fertilizer conglomerates in India. The company produces high-quality complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 2063.90 |
| National Fertilizers | 74.14 |
| Rashtriya Chemicals | 128.65 |
| Chambal Fer. & Chem. | 466.40 |
| Paradeep Phosphates | 139.60 |
| View more.. | |
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