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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Governance Concern1/10
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Market Sentiment5/10

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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