Apr 01, 2015 at 19:19 | Source: PTI
On Tuesday, fair trade watchdog Competition Commission of India (CCI) had approved Zuari's open offer to acquire up to 36.56 percent stake in Mangalore Chemicals and Fertilizers Ltd (MCFL) for Rs 398.2 crore.
Apr 01, 2015 at 14:50 | Source: Moneycontrol.com
Investors lapped up shares of fertiliser companies on Wednesday after the Union Cabinet yesterday approved gas pooling for 30 urea manufacturing units in the country. Fertiliser stocks rallied 3-14 percent intraday today.
Feb 02, 2015 at 08:20 | Source: Moneycontrol.com
Sun Pharma | Ranbaxy Labs | Maruti Suzuki | Infosys | Tech Mahindra | Berger Paints | Thermax | Eicher Motor | HCC | Bharat Forge | Biocon | Jet Airways | Zuari Agro | DHFL | Power Grid | MTNL | Aegis Logistics | Torrent Power | Usha Martin | Grasim | Thomas Cook | GNFC | Heritage Foods | Ashoka Buildcon are stocks, which are in the news today.
Jan 05, 2015 at 15:23 | Source: CNBC-TV18
Throughout the month of December, the company sold close to 26 lakh shares in Mangalore Chemicals. This means that Deepak Fertlisers stake in Mangalore Chemicals is now down to little over 29 percent from 32 percent.
Jan 05, 2015 at 15:22 | Source: PTI
Post sale of 26 lakh shares, Deepak Fertilisers stake in MCFL has come down to 29.05 per cent from 31.25 percent stake
Dec 31, 2014 at 12:24 | Source: Moneycontrol.com
Zuari group revised the open offer size to 4,33,29,000 equity shares representing 36.56 percent of the share capital. However, Zuari has retained the price of open offer at Rs 91.92 per share. With increase in the offer size, Zuari group will now have to spend Rs 398.2 crore from the earlier Rs 282.19 crore.
Dec 30, 2014 at 21:42 | Source: PTI
Deepak Fertilisers further raised its 25.31 percent stake in MCFL in April 2014, triggering the need for launch of mandatory open offer.
Dec 05, 2014 at 10:53 | Source: Moneycontrol.com
The voluntary open offer for 3.07 crore MCFL shares constitutes 25.90 percent of the company's fully diluted voting equity share capital. The offer is not conditional upon any minimum level of acceptance.
Dec 05, 2014 at 09:50 | Source: CNBC-TV18
If Deepak Fertilisers also comes out with competing offer to ensure that it currently gets additional stake in the company because currently, it is the largest shareholder in the company and even though classified as public shareholder, it has close to 31 percent stake.
Dec 05, 2014 at 08:53 | Source: CNBC-TV18
Here are top 10 stocks to watch on December 5 - Bosch, Shriram Transport, SAIL, Axis Bank, Mangalore Chemicals, Deepak Fertilizers, Zuari Agro, NMDC, SE Investments and KPIT Tech.