BSECompany Update4d ago · 12 Aug 2026, 12:45 pm
Incorporation of a Wholly Owned Subsidiary Company under the name ''Fertilizer Innovation Foundation-India on August 11, 2026
Paradeep Phosphates Ltd · 543530
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Paradeep Phosphates Ltd has incorporated a wholly owned subsidiary company, Fertilizer Innovation Foundation–India, on August 11, 2026, to promote research, innovation, and capacity building in the fertilizer and agriculture sector.
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Paradeep Phosphates Ltd - 543530 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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August 12, 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 – Incorporation of a Wholly Owned Subsidiary
Company
With reference to our earlier intimation dated August 05, 2026, wherein the Company had informed
about the approval of the Board of Directors to incorporate a Wholly Owned Subsidiary (WOS) as a
not-for profit entity to undertake research, innovation, knowledge dissemination, capacity building and
allied activities in the fertilizer and agriculture sector. In this regard, we wish to inform that the WOS
has now been incorporated under the name "Fertilizer Innovation Foundation–India" on August 11,
2026.
The disclosures required under Regulation 30 of SEBI Listing Regulations, read with Part A of
Schedule III of the SEBI Listing Regulations and relevant SEBI Circulars are provided in Annexure A.
This is for your information and record.
Yours faithfully,
For Paradeep Phosphates Limited
Sachin Patil
Company Secretary
Annexure A
Disclosure as specified in Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015
(i) Name of the entity, date & country of Name of the entity: Fertilizer Innovation Foundation–
incorporation, etc. India
Country of incorporation: India
Date of Incorporation: August 11, 2026
(ii) Name of holding Company of the The entity incorporated is a Wholly Owned Subsidiary
incorporated Company and relation with the (“WOS”) of Paradeep Phosphates Limited.
listed entity
(iii) Industry to which the entity being Research, innovation, skill development, knowledge
incorporated belongs dissemination and capacity building in the fertilizer and
agriculture sector.
(iv) Brief background about the entity The WOS is being incorporated as a not-for-profit
incorporated in terms of products / line of institution to promote research, innovation, technology
business development, knowledge sharing and capacity building in
the fertilizer and agriculture sector, including collaboration
with national and international institutions. The
incorporated 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.
(v) Brief details of any governmental or The Company received license under section 8(1) of the
regulatory approvals required for the Companies Act, 2013.
incorporation
(vi) Nature of consideration – whether cash Cash Consideration
consideration or share swap and details of The Company has subscribed to 100% of the initial paid-
the same up share capital of the WOS.
(vii) Cost of subscription or the price at which the The shares are subscribed at face value of INR 10/- per
shares are subscribed share.
(viii) Percentage of shareholding / control by the 100% control (Wholly Owned Subsidiary).
listed entity and / or number of shares
allotted