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.

Paradeep Phosphates Limited has witnessed a significant shareholding change as Jyotsna Poddar acquired 26,22,000 equity shares through a gift transaction from promoter group member Akshay Poddar. The acquisition, completed on 16th February, 2026, represents 0.25% of the company's diluted share capital and qualifies for exemption under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations.

Transaction Details

The share transfer occurred between immediate relatives within the promoter group, with Jyotsna Poddar receiving the shares as a gift from Akshay Poddar. Since no monetary consideration was involved in this transaction, it falls under the exemption provided by Regulation 10(1)(a) of the SAST Regulations for inter se transfers between immediate relatives.

Shareholding Changes

The transaction resulted in substantial changes to both parties' shareholdings in Paradeep Phosphates Limited. Jyotsna Poddar's stake increased significantly, while Akshay Poddar's holdings were reduced to minimal levels.

Regulatory Compliance

The disclosure was filed under Regulation 10(6) of the SEBI SAST Regulations on 17th February, 2026, one day after the completion of the transaction. Prior disclosure under Regulation 10(5) was made on 9th February, 2026, demonstrating compliance with regulatory timelines. The transaction rationale was specified as gifting of shares by immediate relatives under the SEBI SAST Regulations framework.

Stock Exchange Notification

The formal disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited, where Paradeep Phosphates Limited shares are listed. The notification included comprehensive details of the acquisition, shareholding changes, and regulatory compliance measures as required under the takeover regulations.