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BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
534742
Company
ZUARI AGRO CHEMICALS LTD.
Exchange Received Time
14/11/2019 14:24:34
Exchange Disseminated Time
14/11/2019 14:24:40
Time Taken
00:00:06
"Memorandum Of Understanding" Signed Between Morocco Based "OCP Group" (OCP) And "Zuari Agro Chemicals Ltd" (Zuari, Or The Group) |
11/14/2019 2:24:37 PM
Please find attached disclosure w.r.t the outcome:
1) MOU signed for reorganisation of the fertiliser business of Zuari
2) MOU signed for securing strategic investment in the "Zuari FarmHub Ltd" (ZFHL)
The Board of Directors of Zuari held a meeting today, and has ratified the signing of the previously mentioned MOUs. Both MOUs are non-binding in nature. The meeting commenced at 12.30 P.M. and concluded at 2.10 P.M.
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