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At meeting held on 24 July 2025
Board of Coromandel International approves acquisition of additional stake in Baobab Mining and Chemicals Corporation
24-Jul-2025, 03:03
The Board of Coromandel International at its meeting held on 24 July 2025 has approved the acquisition of additional 17.69% equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal through Coromandel Chemicals (CCL), a wholly owned subsidiary of the Company. This will result in an increase in stake held by CCL from the current 53.82% to 71.51%.
The Board of Coromandel International at its meeting held on 24 July 2025 has approved the acquisition of additional 17.69% equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal through Coromandel Chemicals (CCL), a wholly owned subsidiary of the Company. This will result in an increase in stake held by CCL from the current 53.82% to 71.51%.
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