Page 3 - Baobab Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mumbai (Maharashtra) [India], May 16 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Parry Chemicals Limited (Parry Chemicals), a wholly owned subsidiary of Coromandel International Limited (Coromandel) on its acquisition of 45 per cent equity stake of Baobab Mining and Chemicals Corporation (BMCC) from Baobab Fertilizer Africa (BFA), an existing shareholder of BMCC, for a consideration of INR 225 crores

BMCC is in the business of mining, production, and sale of Rock Phosphate.

Coromandel is one of India's largest phosphatic fertilizer players, with a diverse range of agri-products to meet farmers' needs. The company is expanding its agricultural presence with the increased use of complex fertilizers.

We had mentioned in Thursday’s closing report that Nifty and Sensex remain under pressure.

Investegate announcements from MC Mining Limited, Activities Report for the Quarter Ended 31 Mar 22