Zuari Agro Chemicals has raised Rs 90 crore through senior, secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees and allotted 900 NCDs having face value of Rs 10 lakh on Private Placement basis. The board of directors at its meeting held on February 25, 2022 has approved 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.
