Shares of Krishana Phoschem Ltd rallied 4% on 19 June after the corporate introduced securing approval from the Board of Administrators for the fertiliser manufacturing facility.
The corporate introduced that its board had given in-principle approval to ascertain a 500 TPD DAP/NPK fertiliser and 300 TPD Sulphuric acid plant/some other fertiliser manufacturing exercise in Meghnagar, Jhabhua district, Madhya Pradesh, to be funded via debt and inner accruals.
In an trade submitting, Krishana Phoschem mentioned, “We want to inform you that the board of administrators of the corporate at its assembly held on Thursday the 19 June, 2025 has inter alia granted in-principle approval for organising a 500 TPD of DAP/ NPK fertiliser and 300 TPD Sulphuric acid plant /some other manufacturing exercise referring to fertiliser at Meghnagar, Jhabhua Madhya Pradesh to be funded via debt and inner accruals.”
Final week, the corporate launched two new merchandise: Annadata Urea SSP (which mixes the advantages of urea and SSP) and Annadata Tremendous 6. It additionally relaunched Annadata Zibo (fortified SSP with Zinc and Boron).
Krishana Phoschem, a subsidiary of Ostwal Phoschem (India) Ltd. and a member of the Ostwal Group, is an Indian fertiliser and chemical manufacturing firm.
With a robust emphasis on sustainable farming methods, the corporate manufactures various very important items, together with Single Tremendous Phosphate (SSP), Granulated SSP (GSSP), and Beneficiated Rock Phosphate (BRP), which assist to replenish the soil with important phosphorus.
Along with fertilisers, Krishana Phoschem manufactures chemical intermediates resembling H-acid and different dye parts used within the textile business. Its main manufacturing website is in Meghnagar, Madhya Pradesh, and it operates in three items. The corporate contributes considerably to India’s agriculture and business via its various product line and give attention to sustainability.
Nonetheless, at 1:30 pm, the shares of Krishana Phoschem had been buying and selling 2% decrease at Rs 496.15 on NSE.
Uncover the subsequent huge funding! Unicorn Indicators’ IPO screener helps you determine promising preliminary public choices. Obtain Unicorn Indicators and get forward of the curve! Signal Up Now & Discover Your Subsequent IPO Gem!
