Zuari Global acquires stake in Texmaco Infrastructure

23 Mar 2016

Zuari Global has acquired 60 lakh equity shares of Texmaco Infrastructure & Holdings. The company's total holding in the said company including the existing shares stands at 2.13 crore shares i.e. 16.72% of the total paid up Share Capital of Texmaco Infrastructure & Holdings.

Zuari Global, erstwhile Zuari Industries, has been the principal promoter entity for the Zuari Group of Companies, with forays into fertilizer, seeds, engineering, lifestyle industries and services. Besides growing the fertilizer business of the group to its present preeminent status as one of India's leading fertilizer conglomerates, it has a substantial presence in the areas of pesticides, financial services, RTA furniture and Oiltanking through several subsidiaries and joint ventures.

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