Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER, BOM:530011) board has approved signing definitive agreements to acquire a granulated single super phosphate (SSP) plant, related assets, and associated business in Mahad, Maharashtra, from Zuari Agro Chemicals, according to a Friday filing on the Indian bourses.
The transaction, valued at 727.5 million Indian rupees, will be executed on a lump-sum basis, the company said in the filing.
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