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Shree Pushkar Chemicals & Fertilisers to acquire 100% stake in MBPL

18 Apr 2020 Evaluate

Shree Pushkar Chemicals & Fertilisers’ Board has approved the proposal of acquisition of 100% stake of Madhya Bharat Phosphates (MBPL) through National Company Law Tribunal, Ahmedabad Bench (NCLT) under the Insolvency & Bankruptcy Code, 2016 (IBC) and in pursuance of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The NCLT has approved the Resolution Plan for proposed takeover of MBPL.

The unit of MBPL located in Madhya Pradesh, has two plants at Jhabua and Deewanganj has a capacity to manufacture SSP of 1.5 lakh MTA and 0.4 lakh MTA, respectively, and a Plant for a manufacture of LABSA.

Shree Pushkar Chemicals and Fertilisers is engaged in manufacturing and trading activities of dyes intermediates. It offers dyestuffs, dye Intermediates, sulphur base acids, animal feed additives manufactured, reactive dyes, oleum acids and chloro sulphonic acid.

Shree Pushkar Chem Share Price

403.65 3.40 (0.85%)
03-Jul-2026 16:59 View Price Chart
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