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Zuari Agro Chemicals updates on subsidiary

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Capital Market

Zuari Fertilisers and Chemicals acquires additional stake in Chemicals and Fertilizers

Zuari Agro Chemicals announced that Zuari Fertilisers and Chemicals (ZFCL), a wholly owned subsidiary of the Company has acquired additional 36.56% (totaling 53.03%) equity shares of Mangalore Chemicals and Fertilizers (MCFL) and therefore MCFL has become a subsidiary of ZFCL. Consequently, MCFL has also become subsidiary of Zuari Agro Chemicals.

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First Published: May 19 2015 | 2:41 PM IST

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