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ZUARI FERTILISERS
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 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 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.
Battle for MCFL set to escalate; Deepak Fertilisers raises stake to 32%Deepak Fertilisers has acquired about 6% stake from Morgan Stanley and Karnataka State Cooperative Marketing Federation, in open offer clos...
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...
Vijay Mallya, Saroj Poddar join hands for controlling stake at Mangalore Chemicals & FertilisersShares of the company touched a high of Rs 75.45 and a low ofRs 70.05 before closing at Rs 70.55 a piece on the Bombay Stock Exchange on Tu...
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
UB Group raises stake in Mangalore Chemicals by about 1%The UB Group has raised its stake in MCFL, a firm being eyed by rivals Deepak Fertilisers & Petrochemicals Corp and Zuari Fertilisers.
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.
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.
Mangalore Chemicals stock hits record high as Zuari Fertilisers hikes stakeShares of MCFL opened the day on a positive note and it further shot-up by 9.96 per cent to Rs 67.85 -- its all-time high on the BSE.
Battle for MCF hots up as Zuari buys another 3.5% to thwart any move by Deepak FertilisersMangalore Chemicals may see a renewed battle with Zuari Fertilisers buying 3.5% more to thwart possibe hostile bid by Deepak Fertilisers.
Zuari Fertilisers hikes stake in Mangalore Chemicals to over 13%Both the companies have said that they had acquired these stakes with prior knowledge of the current promoters of MCFL and these were their...