[ad_1] Fertiliser firm Coromandel International Ltd on Wednesday (April 9) said it has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Ma’aden, among the world’s largest phosphate fertiliser producers, to secure a long-term supply of Di-Ammonium Phosphate (DAP) and NP/NPK fertilisers. Over the years, Coromandel and Ma’aden have formed a fruitful partnership, with Ma’aden […]
Coromandel International to acquire 53% stake in NACL Industries for ₹820 crore – CNBC TV18
[ad_1] Agriculture solutions provider Coromandel International Ltd on Wednesday (March 12) said it has signed definitive agreements to acquire a 53% stake in NACL Industries Ltd for ₹820 crore at ₹76.7 per share. The shares will be acquired from the current promoter, KLR Products Limited. NACL Industries is a crop protection company with a strong […]
Coromandel International hikes stake in Senegal’s Baobab Mining, to invest $10.34 million – CNBC TV18
[ad_1] Agri-solutions provider Coromandel International Ltd on Wednesday (September 25) said it has acquired an additional equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal, through its wholly-owned subsidiary Coromandel Chemicals Ltd. Coromandel’s additional 8.82% equity stake in BMCC will take its overall shareholding to 53.8%. Coromandel will invest $3.84 million (₹32 core) in […]