Zuari Agro Chemicals has received an approval for the allotment of 250 senior, secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees of a face value of Rs 10,00,000 each, aggregating to Rs 25 crore. The NCD Committee of the Board of Directors of the Company at its meeting held on May 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.
