Zuari Agro completes MCFL share transfer under approved scheme
ZUARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 3.7 pts less than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Zuari Agro Chemicals completed the transfer of 2,90,37,000 Mangalore Chemicals and Fertilizers shares to Zuari Maroc Phosphates on October 13, 2025, under a scheme approved by National Company Law Tribunals. The transfer price was INR 144 per share, giving Zuari Agro cash consideration of INR 418.13 crore before tax deduction.
Zuari Agro gains INR 418.13 crore in cash but gives up the transferred MCFL holding. The cash boost may support the stock, though the effect depends on use of proceeds.