Paradeep Phosphates has fixed September 4, 2026 as the record date for determining members entitled to receive the dividend for the financial year 2025-26. The final dividend amount has not been disclosed and remains subject to declaration at the forthcoming Annual General Meeting (AGM). This update supplements the earlier announcement regarding the scheduling of the 44th AGM.

The company issued the intimation pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was dated August 17, 2026, and signed by Sachin Shankar Patil, Company Secretary.

Dividend and AGM Timeline

The record date precedes the AGM by 13 days, allowing the company to finalize the list of eligible shareholders before seeking approval for the payout. The AGM will be conducted remotely via Video Conferencing or Other Audio Visual Means.

Shareholders holding equity shares on the record date will be eligible to receive the dividend if it is approved by the members during the meeting. The company's corporate office is located in Bengaluru, while its registered office remains in Bhubaneswar.

Paradeep Phosphates has successfully incorporated its wholly-owned subsidiary, Fertilizer Innovation Foundation–India, on August 11, 2026. The new entity operates as a not-for-profit institution under Section 8 of the Companies Act, 2013, designed to drive research, innovation, and capacity building within the fertilizer and agriculture sectors. This development follows the Board of Directors’ approval via circular resolution on August 5, 2026, marking a key step in the company’s long-term sustainability strategy.

The incorporation was disclosed pursuant to Regulation 30 read with Para (A) of Part (A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Paradeep Phosphates received the requisite license under Section 8(1) of the Companies Act, 2013. The company has submitted the intimation to the National Stock Exchange of India Limited and BSE Limited. The subsidiary is not classified as a related party transaction, with promoter groups holding no direct interest beyond their shareholding in the parent company.

Subsidiary Details

Fertilizer Innovation Foundation–India is structured as a wholly-owned subsidiary focused on technology development, knowledge dissemination, and skill development. Paradeep Phosphates subscribed to 100% of the initial paid-up share capital in cash. The shares were subscribed at a face value of ₹10 per share. As a newly incorporated entity, size and turnover metrics are not applicable.

Strategic Objectives

The primary objective of the subsidiary is to promote sustainable agricultural practices and strengthen innovation in the fertilizer sector. By establishing a dedicated platform for research and knowledge sharing, Paradeep Phosphates aims to address industry challenges related to efficiency and sustainability. The foundation will engage in allied activities such as capacity building and technology development, fostering collaboration with national and international institutions to advance the sector.