United Phosphorus buys back 1.92 crore shares for Rs 223.49 crore

18 Dec 2012

United Phosphorus has completed the buyback of its fully paid-up equity shares of face value of Rs 2 each from the open market through the stock exchanges.

The Agro-chemicals producer has purchased an aggregate of 1,92,00,000 equity shares for a total amount of Rs 223.49 crore.

United Phosphorus is the largest Indian agrochemical company and is engaged in research, manufacturing, selling and distribution of agrochemicals and specialty chemicals across the globe.

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