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of <h1>AMG India Cleared to Acquire NFCL Assets, ZeroC; Backed by Global Investors in Clean Energy and Infrastructure.</h1> The Competition Commission of India has approved AMG India's acquisition of NFCL Assets and 100% shareholding of ZeroC. This acquisition will be funded by investments from AMG Entities, BSI, Gentari, and Platinum Rock. AMG Entities are newly formed and not yet operational. BSI is part of a Singapore-based investment group, Gentari focuses on clean energy under PETRONAS, and Platinum Rock invests globally in infrastructure. NFCL specializes in urea and micro-irrigation, with facilities in Andhra Pradesh, Telangana, and Gujarat. ZeroC currently does not generate revenue in India. The acquisition involves an asset sale and shareholding purchase.
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