Madras Fertilizers Explained

Madras Fertilizers Limited (MFL)
Type:Public
Traded As:
Location City:Chennai, Tamil Nadu
Location Country:India
Location:Manali
Key People:Manoj Kumar Jain (Chairman and MD)
Industry:Fertilizer
Products:Fertilizers, agrochemical
Owner:Government of India (59.5%)
Naftiran Intertrade (25.77%)[1]

Madras Fertilizers Limited (MFL) is an Indian public sector undertaking engaged in the manufacture of ammonia, urea and complex fertilizers in Manali, Chennai.[2] [3]

History

Madras Fertilizers was incorporated in December 1966 as a joint venture between the Government of India (GOI) and Amoco, with the GOI holding 51% of the equity share capital.[4] The company is the first public sector undertaking in the fertilizer industry to receive ISO 9002 certification.[5]

Notes and References

  1. News: Narasimhan . T. E. . Madras Fert co-promoter objects to GoI's proposal . 23 January 2023 . Business Standard India . 6 September 2012.
  2. Web site: Madras Fertilizers Limited – Home Page . https://web.archive.org/web/20041108022311/http://madrasfert.nic.in/ . dead . 2004-11-08 . Madrasfert.nic.in . 2012-11-11 .
  3. Web site: Modi govt set to divest top fertiliser companies next fiscal: Report . www.moneycontrol.com.
  4. Web site: Madras Fertilizers Limited (MFL) | Government of India, Department of Fertilizers, Ministry of Chemicals and Fertilizers . Fert.nic.in . 2012-11-11.
  5. Web site: Madras FertilizersHistory | Madras Fertilizers Ltd Company History & Profile . The Economic Times . 29 October 2018.