Fertiliser firm Zuari Agro Chemicals today said it has received Rs 100 crore as unsecured deposit from promoter Adventz Finance towards meeting its working capital requirements.
In a regulatory filing, Zuari Agro said: "The company has availed an unsecured Inter Corporate Deposit (ICD) of Rs 100 crore from Adventz Finance Pvt, a promoter of the company, for a period of 12 months."
Zuari Agro MD Kapil Mehan told PTI that the money will be used for meeting working capital and other related requirements.
The company has three fertiliser plants in Goa -- one urea and two complex fertiliser units.
