Chambal Fertilisers to sell entire shipping business>

Industry:    2015-12-23

Chambal FertilisersBSE 1.60 % & Chemicals today said its board has given approval to sell entire shipping business or dispose off all five ships/vessels owned by the company. The company requires fund to set up new ammonia-urea project in Rajasthan. The Board of Directors, at its meeting held today, gave “in-principle consent to the: (i) sale or disposal of one or more or all of the 5 ships/ vessels owned by the company; or (ii) sell, transfer or dispose-off the entire shi .. Read more at: http://economictimes.indiatimes.com/articleshow/50286941.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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