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.
| Company Name | CMP |
|---|---|
| Sudarshan Chemicals | 909.45 |
| Bodal Chemicals | 62.91 |
| Shree Pushkar Chem | 403.65 |
| Ultramar & Pigments | 387.40 |
| Kiri Industries | 382.00 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: