Paradeep Phosphates Limited has informed the Exchange regarding 'Intimation of Listing of further issue of 22,16,23,331 Equity shares of Rs. 10/- each allotted pursuant to the Scheme of Amalgamation of Mangalore Chemicals & Fertilizers Limited with the Company'.
PARADEEP · price
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Paradeep Phosphates has received trading approval from NSE and BSE (on December 30, 2025) for 22,16,23,331 new equity shares of Rs. 10 each, issued as part of the amalgamation scheme with Mangalore Chemicals & Fertilizers Limited. These shares have now been listed and will trade on both exchanges. The total fresh equity issued represents a face value of approximately Rs. 221.6 crore. This marks the completion of the share-allotment leg of the merger between the two fertilizer companies.
Existing shareholders will see their holding diluted as over 22 crore new shares enter circulation, increasing the total share count. The share price may see short-term supply pressure, but the merger is expected to bring combined scale and operational synergies in the fertilizer business over the long term.