The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Adventz Finance Pvt Ltd & PACs
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Adventz Finance Private Limited, part of the promoter/promoter group, has been allotted 81,35,175 equity shares of Paradeep Phosphates Ltd (PPL) on 3rd December 2025. This allotment is pursuant to the Composite Scheme of Arrangement under which Mangalore Chemicals & Fertilizers Ltd (MCF) was merged into PPL, with Adventz holding 43,50,361 shares in MCF being swapped for PPL shares at the scheme's stipulated share exchange ratio (record date 31st October 2025). After this allotment, Adventz Finance's holding in PPL stands at 81,35,175 shares, representing 0.78% of the total paid-up share capital. The total share capital of PPL post-allotment is 103,79,68,989 equity shares. Other PACs include Zuari Agrochemicals, Zuari Industries, Zuari Maroc Phosphates, and the Poddar/Agarwala family members.
This is a routine post-merger compliance disclosure showing promoter-group shareholding pursuant to the already-implemented MCF-PPL merger scheme; no open offer is triggered and the promoter group's stake change is structural rather than a fresh market purchase, so it is neutral for shareholders.