Moneycontrol PRO

business

Liberty Phos deal to derisk firm portfolio: Coromandel Intl

Kapil Mehan, MD, Coromandel International, says that the fertilizer company is going through structural change and realistic prices of fertilizer has led to moderate demand. The company has recently acquired Liberty Phosphates which the company feels is a move to derisk their portfolio. The deal will be funded from internal accruals.

first published: Jan 25, 2013 12:25 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347