Read more interesting news from around the globe with Wealth Doctor App
Zuari Agro acquires NFCL
Thursday, March 23, 2017, 5:56 PM
Zuari Agro Chemicals has acquired 3,22,67,741 shares of Nagarjuna Fertilizers and Chemicals Limited(target company) from Zuari Global Limited(ZGL). Nagarjuna Fertilizers and Chemicals Limited net worth as on March 31, 2016 stood at Rs 159175.71 lakhs. The proposed acquisition was approved by Board of the Company on 30th July 2014. The nature of acquisition was entirely completed with cash consideration.