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Coromandel International gets CCI’s approval to acquire 53.13% stake in NACL Industries
Jul-03-2025

Coromandel International has received approval from the Competition Commission of India (CCI) to acquire 10,68,96,146 equity shares representing 53.13% of the paid-up equity share capital of NACL Industries from KLR Products,  K. Lakshmi Raju and Bright Town Investment Advisor.

Additionally, the company has received CCI’s approval to acquire 5,500 equity shares of NACL Industries from Krishi Rasayan Exports and 5,500 equity shares from Agro Life Science Corporation.

Coromandel International is India’s second largest Phosphatic fertilizer player, is in the business segments of Fertilizers, Specialty Nutrients, Crop Protection and Retail.

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