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Mangalore Chemicals & Fertilizers LimitedOthers, 15-05-2025: Copy of Newspaper Publication

15-05-2025 | 03:45 pm

Mangalore Chemicals & Fertilizers has announced a board meeting to hold separate meetings of equity shareholders, secured creditors, and unsecured creditors to discuss a proposed Scheme of Arrangement with Paradeep Phosphates Limited. This restructuring is intended to streamline operations and better align stakeholder interests. Progressing through these meetings is a key step toward implementing the scheme, which may affect the company’s capital structure and influence shareholder and creditor value.

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