Mangalore Chemicals & Fertilizers Limited — Others, 16-06-2025: Shareholders meeting

Mangalore Chemicals & Fertilizers Limited has announced a board meeting on a proposed composite scheme of arrangement with Paradeep Phosphates Limited involving their shareholders and creditors. Virtual meetings were held with equity shareholders, secured creditors, and unsecured creditors to discuss and approve the scheme, with electronic voting overseen by a scrutinizer. The scheme intends to reorganize assets and liabilities, which could reshape the corporate structure and influence future business operations.