MoneyWorks4Me

Zuari Agro Chemicals raises Rs 10 crore through NCDs

06 Apr 2022 Evaluate

Zuari Agro Chemicals has raised Rs 10 crore through the allotment of 100 senior, secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees of a face value of Rs 10 lakh each. The NCO Committee of the Board of Directors of the Company at its meeting held on April 5, 2022, has approved the allotment of 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.

Peers