Business Standard

Coromandel International allots equity shares

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Capital Market

Under scheme of amalgamation

Coromandel International announced that the Stakeholders Relationship Committee of Directors of the Company, on 16 June 2014, has approved allotment of 25,74,193 equity shares of Re 1 each to the public shareholders of Liberty Phosphate, in the ratio of 7 equity shares of Re 1 each of the Company for every 8 equity shares of Rs 10 each held in Liberty Phosphate pursuant to the Scheme of Amalgamation (Scheme) approved by the Hon'ble High Court of Andhra Pradesh and Hon'ble High Court of Gujarat.

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First Published: Jun 18 2014 | 11:03 AM IST

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