The Phosphate Company Limited disclosed an inter-se transfer of shares within its promoter group, involving the acquisition of 88,814 shares by Ramesh Kumar Bangur from Devendra Fininvest and Holding Pvt Ltd. The transaction was executed via an off-market transfer on June 24, 2026. Despite the transfer, the aggregate holding of the promoter group remains unchanged at 21.80% of the company's total voting capital.

The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, Ramesh Kumar Bangur, is part of the promoter group, which includes Persons Acting in Concert (PAC) such as Ajay Bangur, Anirudh Bangur, and Chintamani Holdings Private Limited. The transfer does not alter the overall equity share capital of the company, which stands at ₹3,60,74,800.

Shareholding Details

Prior to the transaction, Ramesh Kumar Bangur held 30,176 shares, representing 0.84% of the total voting capital. Following the acquisition, his holding increased to 1,18,990 shares, or 3.30% of the total. Conversely, Devendra Fininvest and Holding Pvt Ltd's stake reduced from 1,34,088 shares (3.72%) to 67,730 shares (1.88%).

The following table outlines the shareholding changes for the key entities involved in the inter-se transfer:

Regulatory Context

The transfer was conducted off-market, as indicated in the filing. The total diluted share capital of the company remains at ₹3,60,74,800, with no outstanding convertible securities or warrants. The disclosure was submitted to BSE Limited and the Calcutta Stock Exchange Ltd, where the company's shares are listed under scrip codes 10026031 and 542123 respectively.

The Phosphate Company Limited reported a 30.6% increase in net profit for the financial year ended March 31, 2026, rising to ₹452.08 crore from ₹346.14 crore in the previous year. The board approved the audited financial results in a meeting concluded on May 25, 2026, and recommended a final dividend of 20%, or ₹2 per share, subject to shareholder approval. Revenue from operations for FY26 grew to ₹14,563.42 crore from ₹12,736.19 crore in FY25, driven primarily by the Fertiliser segment.

For the quarter ended March 31, 2026, net profit stood at ₹199.01 crore, compared to ₹225.71 crore in the same period last year. Revenue for the quarter increased to ₹2,987.01 crore from ₹2,652.91 crore. The company's statutory auditors, M/s S K Agrawal and Co Chartered Accountants LLP, issued an unmodified opinion on the audited financial results. The financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's EBITDA for the full year improved to ₹1,055.58 crore from ₹869.77 crore in the prior year. Total expenses for FY26 were ₹13,601.68 crore, up from ₹11,890.79 crore in FY25. The Fertiliser segment remained the primary revenue driver, contributing ₹14,068.25 crore to the total income, while the Others segment contributed ₹495.17 crore.

Dividend Recommendation

The Board of Directors recommended a dividend of 20%, which translates to ₹2 per fully paid-up Ordinary Share of ₹10 each, for the financial year 2025-26. This payout is subject to the approval of the shareholders. The paid-up equity share capital of the company remained constant at ₹360.75 crore during the period under review.