Khaitan Chemicals & Fertilisers today said it has entered into an agreement with Jairam Phosphates Ltd to acquire their fertiliser manufacturing facilities, located in Chhattishgarh.
"The company has entered in a Memorandum of Agreement with Jairam Phosphates to acquire their fertiliser manufacturing facilities (Single Super Phosphate 66000 TPA & Sulphuric Acid 49500 TPA)," Khaitan Chemicals said in a filing to the BSE.
The company, however, did not disclose financial details of the deal.