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MCFL ACQUISITION
CCI approves merger of Mangalore Chemicals & Fertilisers with Paradeep PhosphatesThe Competition Commission of India has approved the merger of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd, and Zuari Ma...- Zuari Group pledges 8.23% stake in MCFL to HDFCZuari Group has pledged its 8.23 per cent stake in Mangalore Chemicals and Fertilisers Ltd (MCFL) to HDFC for partly financing its acquisit...
- Zuari group firming up plans to consolidate MCFL stakeA two-way battle is going on between Zuari group and Deepak Fertilisers for takeover of MCFL.
- Zuari Group to launch open offer in 12 days to acquire stake in MCFLCompany had written to Securities and Exchange Board of India for extension of the tendering period as it had not received the approval fro...
- Zuari to launch open offer in 12 days to acquire stake in MCFLZuari Group is in discussions with investment bankers to launch its open offer in next 12 days for 36.56% more stake in MCFL.
- CCI approves Zuari Group's open offer to acquire 36% stake in MCFLDeals involving substantial acquisition of shares in companies needs to be approved by fair trade regulator CCI.
- CCI slaps Rs 5 crore penalty on Zuari, Deepak FertilizersThe regulator has slapped a "nominal" penalty of Rs 3 crore on Zuari Fertilisers and Chemicals Ltd (ZFCL) and Zuari Agro Chemicals Ltd.
- Zuari group unveils Rs 282-crore open offer for Mangalore Chemicals and Fertilizers LtdThe voluntary open offer for 3.07 crore MCFL shares constitutes 25.90 per cent of the company's fully diluted voting equity share capital.
- MCFL pays Rupee one per month salary to its Managing Director Deepak AnandAnand was deputed by UB Group as Managing Director of MCFL in April 2005 and since then he has been paid Rs one per month as token salary.
- Open offer of Zuari, Deepak 'fair & reasonable': MCFL IDCAs per the guidelines, MCFL announced formation of a single member IDC under the Chairmanship of Pratap Narayan.
- Deepak Fertilisers seeks support from MCFL directors on open offerIn a bid to take control of the Vijay Mallaya's fertiliser firm MCFL, Deepak Fertilisers has sought support from independent directors on i...
- UB, Deepak Fertilisers to launch MCFL open offers on October 1Fair trade watchdog CCI had cleared Zuari's proposal to buy additional 26 per cent stake in the Mangalore Chemicals and Fertilisers Ltd (MC...
- Monte Carlo plans IPO, Samara Capital to divest 9.5 per cent stakeThe Offer for Sale, which is expected to hit the market in September this year, will constitute 25 per cent of the post paid-up equity shar...
- Launch of open offers for MCFL shares after CCI nodThe proposed open offers for acquiring additional stake in MCFL can be launched by Zuari consortium and Deepak Fertilisers after receiving ...
- Deepak Fertilisers and Zuari Fertilisers get Sebi go-ahead for Vijay Mallya's Mangalore Chemicals and Fertilisers LtdSebi issued its final observations on the draft offer documents of both the companies on July 15, as per the latest update by the market re...
- Deepak Fertilisers open to talks with rivals over MCFL controlDeepak Fertilisers Chairman Sailesh Mehta hinted he was open to discussions with the rival alliance of Vijay Mallya and Saroj Poddar of the...
- UB Group, Zuari team up to seek control of Mangalore ChemicalsUB Group today joined hands with the Zuari group to ward off a hostile takeover bid by Deepak Fertilisers for Mangalore Chemicals and Ferti...
- Zuari group may make counter offer to take control of Mangalore Chemicals & Fertilizer LtdZuari, Deepak Fertilisers battle it out for taking control of Mangalore Chemicals & Fertilizer Ltd
- Deepak Fertilisers raises stake in Vijay Mallya-promoted Mangalore Chemicals and FertilizersDeepak Fertilisers and Saroj Poddar-led Zuari Fertilisers have been engaged in a tug-of-war for about a year for control of MCFL.
- Zuari Fertilisers' hikes stake in Mangalore Chemicals to 16.43 per centZuari Fertilisers & Chemicals has increased its stake in UB group's Mangalore Chemicals & Fertilisers to 16.43 per cent.
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