CE-MAT 2025

HURL signs Momentous Partnership of USD 60 Million Buyers' Credit Facility

HURL signs Momentous Partnership of USD 60 Million Buyers' Credit Facility
HURL signs Momentous Partnership of USD 60 Million Buyers' Credit Facility

New Delhi: HURL proudly announces the successful signing of a USD 60 Million Buyers' Credit agreement between Hindustan Urvarak & Rasayan Limited and IOC Global Capital Management IFSC Limited, a subsidiary of Indian Oil Corporation Limited.

The ceremony was graced by the esteemed presence of Dr. S.P. Mohanty, MD-HURL, Smt. P. Jeswani, CFO-HURL, Sh. Anuj Jain, Director Finance-IOCL, and Sh. R.V.N. Vishveshwar, ED Corporate Treasury, IOCL. Their leadership and tvision were instrumental in bringing this significant collaboration to fruition.

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This partnership reflects the shared commitment of HURL and IOCL to drive growth and innovation in the fertilizer sector, contributing to India's agricultural progress.

 

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