Saturday, February 9, 2008

Coromandel Fertilisers To Allot Equity Shares

The board meeting of Coromandel Fertilisers will be held on 27 February 2008 for allotment of equity shares to the shareholders of Godavari Fertilisers & Chemicals (GFCL) consequent to amalgamation of GFCL with CFL.

Further the company has informed that, as per the scheme of amalgamation, the shareholders of GFCL will be entitled to receive 3 equity shares of CFL for every 2 equity shares held by them in GFCL.

The company made this announcement during the trading hours today, 08 February 2008.

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