Mangalore Chemicals and Fertilizers Ltd

Zuari group lines up Rs 300 crore for MCFL to double capacity

After gaining a controlling stake in the UB Group-promoted MCFL, the Zuari group plans to invest Rs 300 crore to double production capacity of phosphatic fertiliser at the Mangaluru plant.

Dec 13, 2015, 18:06 PM IST

Zuari group firming up plans to consolidate MCFL stake

Locked in a bitter takeover battle for fertiliser firm MCFL, Saroj Poddar-led Zuari group is firming up plans to acquire majority stake in the target company within two years.

Apr 12, 2015, 13:17 PM IST

Govt rejects Vijay Mallya's reappointment as Kingfisher MD; quits MCFL board too

In a double-whammy for flamboyant businessman Vijay Mallya, the government has annulled his re- appointment as Managing Director of Kingfisher Airlines while he also had to quit from board of another group company MCFL.

Dec 01, 2014, 20:43 PM IST

Vijay Mallya resigns from board of UB group fertiliser firm MCFL

In a surprise move, Vijay Mallya has resigned as director from his group firm Mangalore Chemicals and Fertilizers, which is the target of a takeover battle between Deepak Fertilisers and Zuari Group.

Dec 01, 2014, 16:02 PM IST

SBI sells 7.07 lakh shares of UB Group's MCFL for Rs 4 cr

State Bank of India (SBI) today sold UB group's over seven lakh shares in Mangalore Chemicals and Fertilizers Ltd (MCFL) worth nearly Rs 4 crore.

Jul 05, 2013, 19:53 PM IST