Description

22,16,23,331 equity shares of Paradeep Phosphates Limited listed on BSE effective December 31, 2025, issued pursuant to composite scheme of arrangement with Mangalore Chemicals & Fertilizers Limited.

Summary

BSE has listed 22,16,23,331 equity shares of Paradeep Phosphates Limited (Scrip Code: 543530) effective December 31, 2025. These shares were issued pursuant to a Composite Scheme of Arrangement between Mangalore Chemicals & Fertilizers Limited (Transferor Company) and Paradeep Phosphates Limited (Transferee Company) under sections 230 to 232 of the Companies Act, 2013. The newly listed shares rank pari-passu with existing equity shares.

Key Points

  • 22,16,23,331 new equity shares of Rs. 10/- each face value
  • Listed and permitted for trading from December 31, 2025
  • Issued under Composite Scheme of Arrangement with Mangalore Chemicals & Fertilizers Limited
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE088F01024
  • Distinctive Numbers: 816345659 to 1037968989
  • Allotment date: December 3, 2025

Regulatory Changes

No new regulatory changes. This is a standard listing following corporate restructuring approved under Companies Act, 2013 sections 230-232.

Compliance Requirements

  • Market participants should note the addition of 22.16 crore shares to the traded float
  • Updated shareholding pattern will reflect the merger impact
  • Trading members to update client holdings and corporate action records

Important Dates

  • Allotment Date: December 3, 2025
  • Trading Commencement: December 31, 2025 (Wednesday)
  • Notice Date: December 30, 2025

Impact Assessment

Market Impact: Significant increase in share count (22.16 crore shares) will impact liquidity and shareholding percentages. Existing shareholders will see dilution in their ownership percentage post-merger.

Operational Impact: The composite scheme consolidates operations between Mangalore Chemicals & Fertilizers Limited and Paradeep Phosphates Limited, potentially creating operational synergies in the fertilizer sector.

Investor Impact: Shareholders of Mangalore Chemicals & Fertilizers Limited receive Paradeep Phosphates shares as per the approved swap ratio. All new shares have equal rights with existing shares.

Impact Justification

Significant equity dilution (~22.16 crore shares) from merger scheme impacts existing shareholders but follows standard corporate restructuring process