Coromandel International has completed acquisition of 53% controlling stake in NACL Industries. The ongoing Open Offer to acquire up to 26% additional stake from public shareholders under the SEBI Takeover Regulations remains in process and shall follow the prescribed regulatory timelines. This acquisition aligns with company’s long-term strategic roadmap to enhance its presence in the agri solutions space.
Coromandel International is India’s pioneers and leading agri-solutions provider, offering diverse products and services across the farming value chain. The company is in the business segments of Fertilizers, Specialty Nutrients, Crop Protection and Retail.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 1927.70 |
| National Fertilizers | 78.63 |
| RCF | 130.70 |
| Chambal Fert & Chem | 455.70 |
| Paradeep Phosphates | 124.85 |
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