Apply now for the Madras Fertilizers Ltd Recruitment For Graduate & Diploma Engineers | Last Date To Apply: 1st March 2021. The company is recruiting engineers. The job details for the jobs have been provided below for the Madras Fertilizers Ltd Jobs For Engineers.
About Madras Fertilizers Ltd
MFL was incorporated on December 8, 1966, as a joint venture between GOI and AMOCO India incorporated of U.S.A (AMOCO) in accordance with the Fertilizer Formation Agreement executed on 14.5.1966 with equity contributions of 51% and 49% respectively. In accordance with the participation agreement between GOI, AMOCO, and National Iranian Oil Company (NIOC), an undertaking of the Government of Iran, NIOC acquired 50% of the shareholding of AMOCO in MFL on 22.11.1972. With this acquisition, the shareholding of AMOCO and NIOC was at 24.5% each, with the balance of 51% being held by GOI. Subsequently, on 22.7.1985, the shareholding of AMOCO was proportionately purchased by GOI and NIOC. As a result, GOI and NIOC shareholding was revised to 67.55% and 32.45% respectively. Subsequent to the issue of rights shares in 1994 for part-financing the project, the holding of GOI and NIOC stood at 69.78% and 30.22% respectively. MFL had an initial public offering of its shares in May 1997.
Madras Fertilizers Ltd Recruitment For Graduate & Diploma Engineers
|Name of Organization||Madras Fertilizers Ltd|
|Qualification||BE/ B.Tech/ Diploma – Civil, Mechanical, Electrical, IT, CS, ECE|
|Salary||Rs 17000 – Rs 20000 P.M.|
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