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Zuari Agro Chemicals gets nod to raise up to Rs 400 crore

21 Nov 2017 Evaluate

Zuari Agro Chemicals has received an approval for raising of funds by issue of Equity Shares and/or any other permissible securities convertible into Equity Shares through Qualified Institutional Placement (QIP) or through any other permissible mode or a combination thereof in one or more tranches, under applicable law, rules, regulations thereof for an amount not exceeding Rs 400 crore subject to approval of shareholders and such other approvals as may be required.

The board of directors at its meeting held on November 21, 2017 has approved for the same. The board has also constituted a Committee for implementation of the same.

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.


Zuari Agro Chemicals Share Price

229.65 0.85 (0.37%)
17-Apr-2026 16:59 View Price Chart
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