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Zuari Global acquires 13.19% stake in Forte Furniture Products

08 Jul 2021 Evaluate

Zuari Global has acquired 13.19% shares of Forte Furniture Products India (FFPL) from Indian Furniture Products (IFPL) subsidiary of the Company, to carry out the business of manufacturing of ready to assemble furniture. The company already holds 35.79% of shares of FFPL.

Zuari Global is engaged in the manufacture of urea and complex fertilisers.

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