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Mangalore Chemicals & Fertilizers Ltd. Announces Tribunal Approval for Scheme with Paradeep Phosphates

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Mangalore Chemicals & Fertilizers Ltd. Announces Tribunal Approval for Scheme with Paradeep Phosphates

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Mangalore Chemicals & Fertilizers Ltd. ( (IN:MANGCHEFER) ) has provided an announcement.

Mangalore Chemicals & Fertilizers Ltd. announced that its board has acknowledged the National Company Law Tribunal’s approval of a composite scheme of arrangement with Paradeep Phosphates Limited. This scheme, once effective, will involve the transfer of certain assets and liabilities between the companies, potentially impacting their market positions and operations.

More about Mangalore Chemicals & Fertilizers Ltd.

Mangalore Chemicals & Fertilizers Ltd. operates in the chemical and fertilizer industry, focusing on the production of fertilizers and related products. The company is involved in providing essential nutrients for agriculture, contributing to the agricultural sector’s productivity and sustainability.

Average Trading Volume: 36,120

Technical Sentiment Signal: Buy

Current Market Cap: 39.53B INR

See more data about MANGCHEFER stock on TipRanks’ Stock Analysis page.

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