SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Zuari Fertilisers acquires additional 3.5% stake in Mangalore Chemicals

11 Jul 2013 Evaluate

Zuari Fertilisers has acquired 4.14 million shares representing 3.5% of total equity capital of Mangalore Chemicals and Fertilisers (MCFL) for about Rs 25 crore, taking its stake to over 13% and became the third largest shareholder in the UB Group Company.

Saroj Poddar-led Zuari had first acquired nearly 10% stake in MCFL for Rs 44.3 crore in April, while Deepak Fertilisers picked up 24.46% of equity for Rs 179 crore from open market last week.

As on March 2013, the promoters including United Breweries Holdings held 22% stake in the company.

Mangalore Chemicals & Fertilizers (MCF) is the only manufacturer of chemical fertiliser in state of Karnataka. This Karnataka based company is Rs 1625 crore enterprise that manufactures products such as urea, di-ammonium phosphate, muriate of potash, granulated fertilizers, micronutrients, soil conditioners and specialty fertilizers.

Mangalore Amalgamati Share Price

308.40 0.00 (0.00%)
30-Oct-2025 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×