| This is the same company to which it had earlier divested five percent stake in its other acquisition "" Godavari Fertilisers. |
| Foskors is one of the two largest suppliers of phosphatic raw materials in the world and spells a crucial backward synergy for Coromandel and Godavari. |
| Coromandel has been got an invitation from Industrial Development Corporation of South Africa for participation in the proposed sale of the strategic stake in Foskors. |
| In response to this Coromandel has submitted its expression of interest. |
| "We are to examine the actual offer," P Nagarajan, chief financial officer, Coromandel, explained, unable to divulge the size of stake on offer. |
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