Mumbai, Dec. 4 -- Zuari Agro Chemicals has been allotted 6,54,33,846 equity shares of Rs.

10/- each of Paradeep Phosphates.

The allotment has been made in the ratio of 187 fully paid-up equity shares of PPL of Rs.10/- each for every 100 fully paid-up equity shares of Mangalore Chemicals & Fertilizers (MCFL) of Rs.10/- each in lieu of 3,49,91,362 equity shares of Rs.10/- each held in MCFL.

This allotment has been made pursuant to Scheme of Arrangement amongst MCFL, PPL and their respective shareholders and creditors.

Published by HT Digital Content Services with permission from Capital Market....