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.
Ashok Kumar Purwaha chairman of Engineers India Ltd (EIL) says the company doesn’t require any borrowings in FY12. “We are a zero debt company today and are sitting on a cash of about Rs 2,000 crore. We don't need to go in for any borrowings.”
The chairman and managing director of National fertilizers, VK Sharma, in an exclusive interview on CNBC-TV18 spoke about the budget expectations from the fertilizer space.