Zuari Agro Chemicals is divesting its Mahad granulated single super phosphate plant and related assets to subsidiary MCFL for INR 72.75 Cr, pending shareholder approval.

This unit generated 100% of the company's INR 47.80 Cr turnover last fiscal year, with a net book value of INR 51.10 Cr (38% of net worth). The strategic sale aims to boost liquidity and reduce liabilities.