Rama Phosphates Limited has announced a key board decision regarding the re-appointment of its Non-Executive Independent Director. The board meeting held on January 14, 2026, resulted in the approval of Mr. Ratneshwar Prasad's continuation in his directorial role for another term.

Board Decision Details

The board of directors considered and approved the re-appointment of Mr. Ratneshwar Prasad (DIN – 10625105) as Non-Executive Independent Director based on the recommendation of the Nomination and Remuneration Committee. The appointment specifics are outlined below:

Director Profile and Experience

Mr. Ratneshwar Prasad brings extensive expertise to the board with 38 years of distinguished career in taxation, law, competition law, and international taxation. His professional journey includes:

• Indian Revenue Service (IRS): Joined in 1970 after clearing the Civil Services Examination in 1969
• Career Progression: Advanced through various positions including Commissioner, Chief Commissioner, and eventually Chairman of Central Board of Direct Taxes (CBDT)
• Key Achievements: Disposed of 10,000 tax appeals and was involved in planning and execution of 200 group searches
• Post-Retirement Role: Joined Competition Commission of India (CCI) as a founding member in 2008

During his service with the IRS, Mr. Prasad was actively involved in revenue augmentation, policy planning, disposal of appeals, and search and seizure operations.

Regulatory Compliance

The company has confirmed full compliance with regulatory requirements for the appointment:

Meeting Information

The board meeting was conducted efficiently with clear timelines:

• Meeting Date: January 14, 2026
• Commencement Time: 2:30 p.m.
• Conclusion Time: 3:00 p.m.
• Duration: 30 minutes

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, ensuring transparency and regulatory compliance. The appointment reinforces the company's commitment to maintaining experienced and qualified independent directors on its board to provide strategic guidance and governance oversight.

Rama Phosphates Limited has announced its unaudited financial results for Q3FY26 ended December 31, 2025, demonstrating exceptional performance across all key financial metrics. The fertilizer manufacturer reported significant growth in profitability and operational efficiency compared to the corresponding quarter of the previous year.

Outstanding Q3FY26 Financial Performance

The company's Q3FY26 results showcase remarkable growth across all major financial parameters:

The revenue growth of 32.51% demonstrates the company's strong market position, while the net profit surge of 283.33% reflects exceptional operational efficiency and cost management capabilities.

Segment-wise Performance Analysis

Rama Phosphates operates through two primary business segments with distinct performance metrics:

The fertilizers segment, which includes non-subsidized fertilizers, continues to be the primary revenue driver, while the Soya/Agri segment showed remarkable growth of 93.69% year-on-year.

Nine-Month Performance and Strategic Developments

For the nine months ended December 31, 2025, Rama Phosphates achieved revenue of ₹673.97 crores compared to ₹542.77 crores in the corresponding period, representing a growth of 24.18%. The nine-month net profit reached ₹473.42 crores versus ₹84.23 crores in the previous year, marking an exceptional growth of 462.21%.

Expansion Plans and Operational Updates

The company has received Environmental Clearance from the Ministry of Environment, Forest and Climate Change for its new Greenfield project at Dhule to manufacture 216,000 MT per annum SSP Fertilizer and 90,000 MT per annum Sulphuric Acid. The Phase-1 project execution is on schedule with trial production expected to commence in Q4 FY2026.

Additionally, the company has extended its lease agreement for the manufacturing unit at Nimbahera for five years from December 9, 2026, to December 8, 2031, ensuring continued operational stability.

Key Operational Highlights

The company reported several strategic achievements during the quarter, including ICRA's reaffirmation of A- credit rating with outlook upgraded to "Stable" from "Negative". The FY26 SSP contract renewal with Hindustan Urvarak & Rasayan Limited for approximately 1 lakh MT reinforces revenue stability and enhances the top-line outlook.