PFA Board Meeting outcome for the sale and transfer of a part of the Company's business including its granulated single super phosphate plant and certain related assets situated at Mahad, Maharashtra ('Business') for a lump sum consideration aggregating to INR 72,75,00,000 (Indian Rupees Seventy Two Crores and Seventy Five Lakhs) to its subsidiary, Mangalore Chemicals & Fertilizers Limited ('MCFL'), subject to the approval of the shareholders.