Chambal Fertilisers & Chemicals informs about company updates

With reference to the earlier letter dated March 14, 2016 regarding sale of ship - Ratna Puja, Chambal Fertilisers & Chemicals has now informed that the Company has executed a Memorandum of Agreement dated March 14, 2016 with Sumire Navigation Co., Liberia for the sale of the ship - Ratna Puja for a consideration of $22.5 million. The transaction to be completed by April 30, 2016.

The above information is a part of company’s filings submitted to BSE.