Paradeep Phosphates Limited has completed the allotment of 2,01,605 equity shares to eligible employees under its Employee Stock Option Plan 2021 (ESOP-2021). The allotment was approved through a circular resolution passed by the company's Nomination and Remuneration Committee on February 27, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Capital Enhancement

The allotment has resulted in an increase in the company's issued, subscribed and paid-up equity share capital. Each newly allotted share carries a face value of Rs. 10. The impact on the company's share capital structure is detailed below:

ESOP Exercise Details

The 2,01,605 equity shares were allotted pursuant to the exercise of stock options under the company's ESOP-2021 scheme. The options were exercised at different price points by various employee groups, reflecting the grant terms applicable to different batches of option holders.

Exercise Price Structure

The ESOP options were exercised across four different price categories:

Regulatory Compliance

The allotment was conducted in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had obtained in-principle approval for 36,00,000 equity shares from both BSE Limited and National Stock Exchange of India Limited on June 13, 2023. The filing numbers assigned were 176099 for BSE and 35572 for NSE.

Share Characteristics

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects. The shares have been issued in dematerialized form under ISIN INE088F01024, with distinctive numbers ranging from 1,03,79,68,990 to 1,03,81,70,594. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.

The company is listed on both BSE Limited (Scrip Code: 543530) and National Stock Exchange of India Limited (Symbol: PARADEEP), and has its registered office located at 5th Floor, Bayan Bhawan Pandit Jawaharlal Nehru Marg, Bhubaneswar, Odisha.

Paradeep Phosphates Ltd has achieved a significant milestone by securing a place in the S&P Global Sustainability Yearbook 2026, becoming India's sole fertilizer company to earn this prestigious recognition. The company scored 76 out of 100, positioning itself among the top 2 percentile of the global chemical sector and demonstrating its strengthened commitment to sustainability practices.

Recognition Details and Industry Standing

The S&P Global Sustainability Yearbook 2026 recognizes companies that demonstrate outstanding Environmental, Social, and Governance (ESG) performance within their respective industries. This year's evaluation process was highly competitive, with more than 9,200 companies assessed under the 2025 Corporate Sustainability Assessment (CSA).

Leadership Perspectives on Achievement

Suresh Krishnan, Managing Director and CEO of Paradeep Phosphates Ltd, emphasized that this recognition reflects the company's long-term vision of building a responsible and future-ready enterprise. He highlighted that as a leading player in the phosphatic fertilizer industry, the company views sustainability as integral to India's agricultural progress and national development. By embedding ESG principles into core strategy, the company focuses on creating long-term value for farmers, stakeholders, and the nation while advancing towards a more resilient future.

Rajeev Nambiar, President & Chief Operating Officer, noted that sustainability is embedded across the company's value chain, from strengthening governance frameworks and improving operational efficiencies to driving responsible sourcing and manufacturing excellence. He stated that the company is translating ESG commitments into measurable outcomes, reflecting strong commitment towards exceeding global ESG standards while strengthening its position as a sustainability leader in India's chemical sector.

Sustainability Initiatives and Future Focus

The company continues to implement comprehensive programs to evaluate and strengthen engagement with key suppliers, fostering a more resilient, responsible, and sustainable supply chain. Beyond regulatory compliance, Paradeep Phosphates is actively working to:

• Reduce its carbon footprint
• Enhance employee wellbeing
• Create positive impact in operating communities
• Support India's agricultural growth for food security and rural prosperity

Company Profile and Market Presence

Paradeep Phosphates Ltd operates as one of India's largest phosphatic fertilizer companies, with an annual capacity of 3.90 million MT across multiple locations including Paradeep (Odisha), Goa, Mangalore and Mahad. The company produces various fertilizer grades including DAP, NPK grades (N-10, N-12, N-14, N-19, N-20, N-28), Urea and SSP, marketing them under trusted brands Jai Kisaan Navratna and Jai Kisaan Mangala.

The company's operations are supported by strong backward integration, robust logistics network, and ESG-driven growth strategy, enabling it to serve over 12 million farmers through its extensive retailer network across 18 states in India.