Mangalore Chemicals & Fertilizers : Price movement
November 03, 2022 at 01:45 am EDT
Share
MCF
Mangalore Chemicals
& Fertilizers Limited
722/CLARIFICATION/2022
November 3, 2022
Mr. Binoy Yohannan
Asst. Vice President, Surveillance
National Stock Exchange of India Limited
Exchange Plaza,
Bandra-Kurla Complex,
Mumbai - 400 051
Dear Sir,
Company's Scrip Code in BSE
: 530011 MANGCHEM
Company's Symbol in NSE
: MANGCHEFER
ISIN
: INE558B01017
Sub: Clarification on significant movement in the share price of the Company
We refer to your letter reference no. NSE/CM/Surveillance/12437 dated November 2, 2022 on the above subject.
We wish to inform you that all the material information/announcement that may have bearing on the operations/performance of the Company which include all the necessary disclosures in accordance with regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all price sensitive information etc, have always been disclosed by the Company within stipulated time. There is no pending information or announcement which have a bearing on price movement of the Company.
Therefore, the significant movement in the share price of the Company is purely due to market conditions.
MCF - Mangalore Chemicals & Fertilizers Limited published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2022 05:44:01 UTC.
Mangalore Chemicals and Fertilisers Limited is an India-based company. The Company is primarily engaged in the manufacture, purchase and sale of fertilizers. The Company has a manufacturing facility in India. It manufactures both Nitrogenous and Phosphatic fertilizers. The Company's products include fertilizers, plant nutrition products and other products. Its fertilizers include Mangala Urea, Mangala DAP, Mangala 20:20:00:13, Mangala MOP, Mangala 10:26:26, Mangala 17:17:17 and Mangala SSP. Its plant nutrition products include Soil Conditioners, Organic Products, Micronutrients, Specialty Agri Products, Water Soluble Fertilizers, Crop Specific Soil Products, and Wetting and Spreading Agent. Its other products include Ammonium Bi Carbonate, Sulphonated N F (ChemCF NL and ChemCF NP) and Sulphuric Acid. The Companyâs factory is located at Panambur, nine kilometers north of Mangalore City. The plant is connected, both by rail and road.