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Zuari Agrochemicals to sell Goa fertiliser plant, allied business to PPL for $280 million

Updated : February 23, 2021 11:18 PM IST

ZACL's Goa plant is engaged in the manufacture, distribution, imports and sale of urea, DAP and various grades of NPK fertilisers under the "Jai kisaan" brand.
The divestment of the Goa plant is aimed at consolidating the bulk fertiliser business and achieving a significant reduction of leverage of the company, it noted.
Zuari Agrochemicals to sell Goa fertiliser plant, allied business to PPL for $280 million

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