DCM Shriram buys 81% in fert co

June 2008
Chemical Business;Jun2008, Vol. 22 Issue 6, p69
Trade Publication
The article reports on the acquisition of 41.41% of the shares of Shri Ganpati Fertilizers Ltd. (SGFL) by DCM Shriram Consolidated Ltd. (DSCL) for around Rupees 8 crore in India in 2008. SGFL is involved in the production of single super phosphate (SSP) in Chittorgarh district of Rajasthan. Such acquisition will aid DSCL to reinforce its presence in the phosphatic fertiliser segment and achieve the rising demand for SSP in Rajasthan and Madhya Rradesh region.


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