BSECompany Update8 Aug 2026 · 8 Aug 2026, 04:36 pm
Pleas find attached the disclosure under Reg. 30 of SEBI(LODR)Regaulation,2015
Paradeep Phosphates Ltd · 543530
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Paradeep Phosphates Ltd has informed that the Hon'ble Supreme Court has dismissed the appeal filed by the Department of Fertilizers against the order of Hon'ble High Court of Delhi, upholding the direction to release subsidy claim amounting to ₹53.50 crore to the Company under the Nutrient Based Subsidy (NBS) Scheme.
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Paradeep Phosphates Ltd - 543530 - Update On Material Litigation
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08th August, 2026
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, C-1, Block G, Floor 25, Phiroze Jeejeebhoy Towers, Dalal
Bandra Kurla Complex, Street
Bandr(E) MUMBAI - 400 001
MUMBAI - 400 051
Dear Sir/Madam,
Company's Scrip Code in BSE : 543530
Company’s Symbol in NSE : PARADEEP
ISIN : INE088F01024
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015- Update on litigation
This is in furtherance of our letter dated May 16, 2025, wherein we had informed that the Hon'ble High
Court of Delhi, vide its order had allowed the writ petition filed by the Company and had directed the
Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India, to release of
subsidy amounting to ₹53.50 crores to the Company under the Nutrient Based Subsidy (NBS) Scheme.
The Department of Fertilizers had challenged the judgment of high court before the Hon'ble Supreme
Court.
In this regard, we wish to inform you that the Hon'ble Supreme Court vide its order dated 07th August
2026 has dismissed the appeal filed by the Department of Fertilizers against the said order of Hon'ble
High Court of Delhi.
The details as required under Regulation 30 of Listing Regulations and the Circulars issued thereunder
is enclosed herewith as Annexure 1.
Yours faithfully,
For Paradeep Phosphates Limited
Sachin Patil
Company Secretary
Annexure-1
Particulars Details
Brief details of litigation; Paradeep Phosphates Limited ("the Company") had filed a writ
petition before the Hon'ble High Court of Delhi against the
Department of Fertilizers ("DoF") seeking release of subsidy
claim amounting to ₹53.50 crore, along with applicable interest,
under the Nutrient Based Subsidy (NBS) Policy.
The Hon'ble High Court allowed the writ petition and directed the
DoF to release the subsidy claim to the Company.
Aggrieved by the Judgment of the Hon’ble High Court of Delhi,
The details of any change in the status and / the Department of Fertilizers had challenged said judgment
or any development in relation to such before the Hon'ble Supreme Court.
proceedings;
The Hon'ble Supreme Court has dismissed the appeal filed by
the Department of Fertilizers. Consequently, the direction of the
Hon’ble High Court of Delhi to the Department of Fertilizers to
release the subsidy claim has been upheld by the Hon’ble
Supreme Court.
In the case of litigation against key
management personnel or its promoter or Not applicable
ultimate person in control, regularly provide
details of any change in the status and / or any
development in relation to such proceedings
in the event of settlement of the proceedings, Not applicable
details of such settlement including - terms of
the settlement, compensation/penalty paid (if
any) and impact of such settlement on the
financial position of the listed entity.