Enclosed the copies of the newspaper publication
Awaiting price reaction for this filing.
Mangalore Chemicals & Fertilizers Ltd has submitted copies of newspaper advertisements published on 22nd July 2025 in Business Standard (English) and Kannada Prabha (Kannada) to BSE and NSE. The advertisements relate to a notice of hearing of the company's second motion petition (CP (CAA) No. 26/BB/2025) for the Scheme of Arrangement amongst MCFL and Paradeep Phosphates Ltd and their respective shareholders and creditors. The NCLT Bengaluru Bench, through its order dated 4th July 2025 (received by the company on 18th July 2025), directed MCFL to publish this notice of hearing in newspapers as part of the legal process for the merger scheme.
This is a routine procedural compliance step required by the NCLT for the ongoing merger between MCFL and Paradeep Phosphates. It signals that the merger approval process is progressing through its legal stages, though no final approval has been announced yet. Shareholders should watch for the next NCLT hearing date for substantive progress on the scheme.