Sep 25, 2014 at 12:48 | Source: Moneycontrol.com
It is a classic case of caught between a rock and a hard place for the flamboyant Vijay Mallya.
Sep 24, 2014 at 17:09 | Source: PTI
Deepak Fertilisers And Petrochemicals Corporation Limited, which is also in the fray to up stake in MCFL, last month received nod from the Competition Commission of India (CCI) for its Rs 190-crore open offer.
Sep 16, 2014 at 22:02 | Source: PTI
"The continuation of Vijay Mallya, a wilful defaulter, as a promoter or director of MCF will prejudice our rights as a minority shareholder of MCF," Nagreeka Foils said in a letter to SEBI on September 11.
Sep 15, 2014 at 21:27 | Source: PTI
Zuari entities' Rs 211-crore offer for 26 per cent stake in MCFL is supported by the existing promoters and would be "a competing open offer" to Deepak Fertilizers' offer. Giving its green signal, the Commission said the "proposed combination is not likely to have appreciable adverse effect on competition in India".
Sep 05, 2014 at 14:35 | Source: Moneycontrol.com
Vijay Mallyas bid to hold on to another firm in his crumbling UB empire, Mangalore Chemical & Fertilizer, may now boil down to whether he is able to fight off the wilful defaulter tag that has been labeled on him by United Bank of India.
Sep 02, 2014 at 14:21 | Source: Moneycontrol.com
Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors.
Aug 20, 2014 at 10:37 | Source: Moneycontrol.com
Under the deal, Deepak Fertilizers' subsidiary SCM Soilfert would acquire up to 26 percent shareholding in MCF through an open offer in addition to 0.8 percent stake buy through open market. MCF is part of Vijay Mallya's UB Group.
Aug 19, 2014 at 22:11 | Source: PTI
The Competition Commission of India (CCI) has approved Deepak Fertilizers' proposed additional stake buy in Vijay Mallya group firm Mangalore Chemicals and Fertilizers.
Jul 25, 2014 at 11:37 | Source: Moneycontrol.com
Zuari Agro Chemicals has submitted a copy of Letter received from SEBI in connection with the Open Offer by Zuari Fertilisers and Chemicals to the Public Shareholder of Mangalore Chemicals & Fertilizers Ltd with respect to the timing of the commencement and Closure of the Offer.
Jul 25, 2014 at 09:11 | Source: Moneycontrol.com
Ambit Corporate Finance Private Ltd and ICICI Securities Ltd (Managers to the Offer) has submitted a Copy of Letter received from SEBI in connection with the Open Offer by Zuari Fertilisers and Chemicals to the Public Shareholder of Mangalore Chemicals & Fertilizers.