Madras Fertilizers in merger mode, RCF engaged in due diligence

Madras Fertilizers Ltd has informed that in the backdrop of various alternatives being studied by the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India including possibility of merger of Madras Fertlizers Limited with any other PSU / Cooperative Company, Rashtriya Chemicals and Fertilizers Limited is currently engaged in a fresh due diligence.

Source : Equity Bulls

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