Brief: Meghmani Organics Foray Into Manufacturing Of Nano Urea (Liquid) Fertilizer

Meghmani Organics

23/12/2022 05:12

Dec 23 (Reuters) - Meghmani Organics Ltd  MEGI.NS :
    * FORAY INTO MANUFACTURING OF NANO UREA (LIQUID) FERTILIZER
    * UNIT MCNL TO INCUR A CAPEX OF  1.5 BILLION RUPEES FOR SETTING UP PLANT IN
GUJARAT
    * ENTERED LICENSING AGREEMENT WITH DOMESTIC FERTILISER MANUFACTURER
    * TO COMMENCE COMMERCIAL PRODUCTION BY Q4 FY24
    * PLANT'S ANNUAL CAPACITY PEGGED AT 50 MILLION BOTTLES PER YEAR
    * MNCL PROJECTS TO ACHIEVE TOP LINE OF 10 BILLION RUPEES ON ANNUAL BASIS

Source text for Eikon:  ID:nBSE7t3PJh 
Further company coverage:  MEGI.NS 
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