Zuari Agro Chemicals has received approval for the proposal for issue of up to 1,250 secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees of a face value of Rs 10 lakh each aggregating up to Rs 125 crore in one or more tranches, on private placement basis.
The Board has also approved the raising of funds by way of issuance of non-convertible debentures up to Rs 500 crore in one or more tranches, in future as and when deemed fit. The Board of Directors of the Company in its meeting held on September 23, 2023, has approved the same.
Zuari Agro Chemicals is one of the leading fertilizer conglomerates in India. The company produces high-quality complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers.
Company Name | CMP |
---|---|
National Fertilizers | 116.30 |
Coromandel Interntl. | 1937.40 |
Chambal Fert & Chem | 500.55 |
RCF | 175.70 |
Paradeep Phosphates | 121.40 |
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