Get latest articles and stories on Business at LatestLY. Gurgaon (Haryana) [India], May 29: Zuari Industries Limited (BSE: 500780 and NSE: ZUARIIND) - the apex company of the Adventz Group, declared its financial results for the quarter and year ended 31st March 2024. Business News | Zuari Industries Limited Press Release FY24.
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Zuari Industries, led by Athar Shahab, focuses on simplifying structures, unlocking value through strategic investments, and expanding into bioenergy. The company plans to deleverage through land monetisation and Dubai project liquidity, supported by cash flows from real estate and sugar projects. Shahab says: "Right now, the biggest source of debt reduction is monetisation of our land parcels in Goa. "