Mangalore chemicals and fertilizers limited: strategic renewal

Abstract

DP Mehta, the Managing Director (MD) of Mangalore Chemicals and Fertilizers Limited (MCFL) gleaned over the half-yearly financial results for the year 2001–2002. He was pleased that MCFL, which was referred to the Board of Industrial and Financial Reconstruction (BIFR) in 1994, had been successfully piloted towards financial and operational recovery. However, he was concerned about the future of MCFL.