Zuari Agro Chemicals has raised Rs 35 crore through the allotment of 350 senior, secured, unrated, unlisted, redeemable, nonconvertible debentures (NCDs) denominated in Indian Rupees (INR) of a face value of Rs 10,00,000 each, to India Credit Opportunities Fund II. The Allotment Committee of the Company in its meeting held on October 5, 2023 has approved 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.
