Zuari Global to acquire 10,000 equity shares of HDPL

24 Oct 2016

Zuari Global has received an approval for acquisition of entire shareholding of 10,000 equity shares of Rs 10 each of Horizonview Developers (HDPL), a subsidiary of Zuari Investments (ZIL) which was acquired by them on October 04, 2016. The board of directors at its meeting held on October 21, 2016 has approved for the same.

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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