Moneycontrol
Last Updated : Jun 29, 2011 01:45 PM IST | Source: CNBC-TV18

NFL eyes 30% equity participation to revive plants

The fertiliser company National Fertilizers Limited (NFL) plans for an FPO which could be coming up anytime soon. Satish Chandra, CMD of NFL, in an interview with Udayan Mukherjee, said that the company plans to raise Rs 100 crore through the IPO which will be an equity contribution.


The fertiliser company National Fertilizers Limited (NFL) plans for an FPO which could be coming up anytime soon. Satish Chandra, CMD of NFL, in an interview with Udayan Mukherjee, said that the company plans to raise Rs 100 crore through the IPO which will be an equity contribution. He said, "Presently, our paid up capital is around Rs 490 crore. We want to raise it by Rs 100 crore through this FPO that is the equity contribution."

He stated,

First Published on Jun 29, 2011 11:05 am
Sections
Follow us on
Available On