Greenko’s AM Green Ammonia Acquires NFCL Units for Rs 17 billion

AM Green Ammonia (India) Private Limited, a subsidiary of the Greenko Group, is set to acquire the urea and micro-irrigation divisions of Nagarjuna Fertilizers and Chemicals Ltd (NFCL) through a slump sale transaction, as confirmed in their stock exchange filing. The deal is valued at Rs 1,700 crore (Rs 17 billion). “The slump sale of … Read more

Nagarjuna Fertilizers and Chemicals Reports YoY Net Loss of Rs 1.42 Billion in Q2FY22

Nagarjuna Fertilizers and Chemicals Ltd., a commodity chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company reported a net loss of Rs 1.42 billion for the period ended September 30, 2021 as against net loss of Rs 2.31 billion for the previous quarter. … Read more