Chambal Fertilizers & Chemicals Limited
Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants. It also markets/ deals in other fertilisers and agri-inputs. It also has a Joint Venture for manufacture of Phospohric Acid in Morocco.The company was also engaged in Software business, However, in FY21, it sold assets and transferred certain liabilities of the business to cease the operations of the software…
What Chambal files
- Others205
- Insider Trade45
- Investor Meet27
- Important13
- PPTs9
- Dividend/Bonus7
Chambal Fertilisers faces an upheld Income Tax penalty of ₹0.97 Cr for disallowances related to investments and construction expenses. The company states there is no operational impact beyond the penalty and plans to appeal the order.
Chambal Fertilisers started Technical Ammonium Nitrate Solution (ANS) production at its Gadepan plant. Prilled HDAN output to follow. This expands their product portfolio and operational capacity, marking a key business development.
Chambal Fertilisers faces income tax penalties totaling ~1.94 Cr related to disallowance of Education Cess. The company believes it has a strong case and will challenge these orders before the appropriate authority.
Chambal Fertilisers initiated production of Weak Nitric Acid at its Gadepan plant. This is a key step for its Technical Ammonium Nitrate project, with Ammonium Nitrate Solution and HDAN production expected soon.
Chambal Fertilisers is commissioning its Technical Ammonium Nitrate plant. Intermediates (Weak Nitric Acid, Ammonium Nitrate Solution Melt) production will commence, with final High-Density Ammonium Nitrate production expected shortly thereafter.