Mangalore Chemicals & Fertilizers Limited has informed the Exchange about Copy of Newspaper Publication
Awaiting price reaction for this filing.
Mangalore Chemicals & Fertilizers Limited (MCFL) has submitted copies of newspaper advertisements to NSE and BSE as required by the NCLT Bengaluru Bench. The advertisements were published in Business Standard (English) and Kannada Prabha (Kannada) on 22nd July 2025. This follows the NCLT's order dated 4th July 2025 directing publication of the hearing notice for the company's second motion petition (CP(CAA) No. 26/BB/2025). The petition relates to the ongoing scheme of arrangement between MCFL and Paradeep Phosphates Limited involving their respective shareholders and creditors. The filing is a procedural compliance step and was signed by Company Secretary Vighneshwar G Bhat.
This is a routine regulatory procedural filing required under NCLT directions and does not change the fundamental status of the proposed scheme of arrangement. Shareholders should monitor future NCLT hearing dates and the outcome of the scheme, which could materially affect the shareholding structure if approved.