Mangalore Chemicals & Fertilizers has received board’s approval for entering into definitive agreements for the acquisition of granulated single super phosphate (SSP) plant along with certain related assets situated in Mahad, Maharashtra and related business, (Business) from Zuari Agro Chemicals for a lump sum consideration aggregating to Rs 72.75 crore.
SSP is emerging as a good alternate to DAP for specific crops. The acquisition would boost the turnover and margins by enlarged product basket. The Board of Directors of the company at its meeting held August 08, 2025, has approved the same.
Mangalore Chemicals & Fertilizers is a fertilizers manufacturing company situated in the state of Karnataka, India. The company with its wide range of products, that include Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers, touches and enriches the lives of farmers across Southern India.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 2055.45 |
| National Fertilizers | 76.91 |
| RCF | 130.75 |
| Chambal Fert & Chem | 451.35 |
| Paradeep Phosphates | 132.10 |
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