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NAGARJUNA FERTILIZERS DEBT
Acre ARC sells Nagarjuna Fertilizers and Chemicals debt to AM Green for ₹1,685 crNagarjuna Fertilizers has successfully cleared its massive debt, positioning itself for a potential merger with AM Green to optimize brand ...- Acre puts Nagarjuna Fertilizers up for sale at double buy priceDistressed debt aggregator Acre Asset Reconstruction Company (ARC) plans to sell Nagarjuna Fertilizers and Chemicals, seeking ₹1,600 crore ...
- Nagarjuna Fertilizers looking to settle ACRE debt via slump saleThe proceeds will be used to settle loans of its new lender, Assets Care and Reconstruction Enterprises (ACRE), an asset reconstruction com...
- Acre ARC completes buyout of Nagarjuna Fertilizer debtAcre transferred ₹811 crore to lead lender IDBI Bank a couple of days after Punjab National Bank, the final lender in the seven-bank consor...
- Acre ARC's bid uncontested, set to bag Nagarjuna Fertilizers"There was no other bidder so one can now say Ares has won the bid. Banks are still working on internal processes to take approvals to give...
- Acre ARC sole bidder for Nagarjuna Fertilizers' debtLenders led by IDBI Bank had invited expressions of interest from asset reconstruction companies to take over the debt of NFC after attempt...
- Money Spinners 2021: Seven loss-making firms rally up to 1,800%Shares of Tata Teleservices (Maharashtra) jumped a whoping 1,839.77 per cent for the year. This company last reported profits in the March ...
- Selloff swells BSE penny club by 71%; those who know the game will make moneyMarket watchers say the weakness in midcap and smallcap stocks is far from over.
- Stocks in the news: Coal India's e-auction, JK Cement's QIP and Vedanta's big plansHere’s a list of stocks which may buzz the most in Wednesday’s trade.
- Penny club swells 50% in crash, but don’t fall for big names at low pricesMany of the companies dragged to the NCLT for insolvency proceedings have turned penny.
- 12 top stocks that fund managers bought in September; do you own any?The investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in Fy18.
- 20 Bhangaar stocks that surged up to 223% to shed ‘penny’ tagMarket veterans say penny stocks are not for the weak hearted and conservative investors.
- DBT is a welcome step and hope consumption will be actual: A Vellayan, Murugappa Group"Coromandel has now diversified its portfolio from pure play fertiliser to agrochem, speciality nutrients, rural retail and organic manure."
- Agrarian crisis: Not just farm, sectors like dairy, poultry, FMCG also facing muted growthAnalysts and sectoral observers say the consecutive near-drought conditions in the two Telugu-speaking states are responsible for the subdu...
- ETMarkets After Hours: RComm slips 5% on jobs cut buzz; Bhushan Steel surges 10%Despite a weak trend in broader markets, over 120 stocks on NSE hit their fresh 52-week highs in Monday’s trade.
- Did you notice? One of the world’s biggest sectors gave us many gems in last 3 yearsCheck this out. Nearly 10 companies from the sector doubled investor wealth in last three years. Will the sector continue to produce gems i...
- Saroj Poddar weighs option to manage MCF operations with Vijay MallyaCo with UB Group head honcho looks to thwart attempts by Deepak Fertilisers to wrest control of the Mangalore-based fertiliser company.
- Nagarjuna Fertilizers to set up 1.3 million tonnes urea plant at KakinadaThe company's press release said that it would finance the brownfield project with 'appropriate mix of debt and equity'.
- Twenty-five corporates complete CDR, to exit CDR cellCompanies like Nitin Spinners, Nagarjuna Fertilizers, India Cements and Gujarat Road and Infrastructure Company (GRICL) have completed the ...
- Essar Oil, India Cements, Nagarjuna Fertilizers to be pushed out of Corporate Debt Restructuring cellBanks could target 20 firms with loans of over 17,000 cr which have enjoyed lower interest rates but have now turned profitable.
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