Posts Tagged ‘Mangalore Chemicals’

Mangalore Chemicals – Open offer closes on Friday 17th Oct

Investors must offer if not sell in market by Tuesday 14th October The competing open offers from Deepak Fertilisers and Zuari Agro for Mangalore Chemicals are drawing to an interesting close. The offer closes on Friday the 17th October and there is a public holiday in Maharashtra for elections midweek on the 15th of October. […]

Mangalore Chemicals – Open offer enters final stage

The contentious and hostile open offer of Vijay Mallya controlled Mangalore Chemicals and Fertilisers Limited (MCF) entered its final stage with the time for revised bids expiring on 25th September. The revised bid from SarojPoddar of Zuari Agro who is acting in concert with Vijay Mallya was revised from Rs 68.55 to Rs 81.60, while […]

Mangalore Chemicals and Fertilisers Limited – An update

Untitled Document Since the last article, the Zuari group has increased its stake to about 16%, while the Deepak Fertilisers group continues with its previous holding of roughly 24.5%. The third player in the drama who is the promoter is now holding under 21% with the bulk being pledged. Over the last few days the […]

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