Zuari Agro Chemicals Ltd
Zuari Agro Chemicals & OCP Strengthen Joint Venture with INR 177.4 Cr Investment 💰
- Zuari Agro Chemicals allotted 69,16,173 CCPS in ZMPPL on Oct 10, 2025, for INR 177.4 Cr.
- ZMPPL (50-50 JV since 2002) trades fertilizers & investments in India.
- FY 2024-25 standalone figures: Net-worth INR 34,582.08 Lakhs, Turnover INR 9,512.73 Lakhs, PAT INR 1,996.89 Lakhs.
- Acquisition part of fund-raising scheme involving MCFL & PPL.
- Transaction completed Oct 10, 2025, based on SSPA & Co. valuation.
- Arm's length deal with no additional promoter interest.