Proposal for incorporation of a Wholly-owned Subsidiary Company

August 5th, 2026 National Stock Exchange of BSE Limited, India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, MUMBAI - 400 001 Bandra (E) MUMBAI - 400 051 Dear Sir/Madam, Company's Scrip Code in BSE : 543530 Company’s Symbol in NSE : PARADEEP ISIN : INE088F01024 Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Proposal for Incorporation of a Wholly-owned Subsidiary Company Pursuant to Regulation 30 read with Para (A) of Part (A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company has today, vide Circular Resolution, approved the incorporation of a wholly-owned subsidiary company in the name of "Fertilizer Innovation Foundation–India", subject to the receipt of the requisite statutory approvals. The proposed Company will be incorporated under Section 8 of the Companies Act, 2013 as a not-for- profit entity to undertake research, innovation, knowledge dissemination, capacity building and allied activities in the fertilizer and agriculture sector. The particulars of the disclosure required under Regulation 30 and Part A of Schedule III of the Listing Regulations are provided in Annexure- A, enclosed herewith This is for your information and record. Yours faithfully, For Paradeep Phosphates Limited Sachin Patil Company Secretary Annexure-1 Disclosure as specified in Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 A Name of the target entity, details in brief such Fertilizer Innovation Foundation–India, a company as size, turnover, etc proposed to be incorporated under Section 8 of the Companies Act, 2013, as a wholly-owned subsidiary (WOS) of Paradeep Phosphates Limited. Size/Turnover: Not applicable as newly incorporated B Whether the acquisition would fall within The proposed incorporation of a wholly-owned subsidiary related party transaction(s) and whether the does not constitute a related party transaction. The promoter/promoter group/group companies promoter/promoter group/group companies do not have any have any interest in the entity being acquired? interest in the proposed entity except to the extent of their If yes, nature of interest and details thereof shareholding in Paradeep Phosphates Limited. and whether the same is done at "arm's length". C Industry to which the entity being acquired Research, innovation, skill development, knowledge belongs dissemination and capacity building in the fertilizer and agriculture sector. D Objects and effects of acquisition (including The subsidiary is being incorporated as a not-for-profit but not limited to, disclosure of reasons for institution to promote research, innovation, technology acquisition of target entity, if its business is development, knowledge sharing and capacity building in the outside the main line of business of listed fertilizer and agriculture sector, including collaboration with entity/ the Company) national and international institutions. The proposed entity will support sustainable agricultural practices, improve fertilizer use efficiency and strengthen innovation in the sector. The incorporation aligns with the Company's long- term sustainability and strategic objectives. E Brief details of any governmental or regulatory Not Applicable approvals required for the acquisition / incorporation F Indicative time period for completion of the Not Applicable acquisition G Nature of consideration – whether cash The company shall subscribe to 100% of the initial paid-up consideration or share swap and details of the share capital of the WOS in cash. same H Cost of acquisition or the price at which the The shares shall be subscribed at face value of INR 10/- per shares are acquired share. I Percentage of shareholding / control acquired 100% control (Wholly Owned Subsidiary). and / or number of shares acquired J Brief background about the entity acquired in Not applicable as this intimation is about incorporation of a terms of products/ line of business acquired, WOS. date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)