Zuari Agro Chemicals Ltd
Zuari Agro Chemicals Transfers Key Plant to MCFL for ₹72.75 Cr 🏭
- Zuari Agro Chemicals transferred its granulated single super phosphate plant in Mahad, Maharashtra to subsidiary MCFL.
- The transfer was done on a slump sale basis for ₹72.75 crores.
- Effective transfer date: 30 September 2025, with MCFL taking over operations from 1 October 2025.
- Shareholders approved the transaction on 23 September 2025.
- The move follows earlier disclosures made in August 2025.