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Paradeep Phosphates Limited has announced a board meeting where it approved modifications to a previously discussed scheme regarding the merger with Mangalore Chemicals & Fertilizers Limited. The company's paid-up capital rose to INR 815.21 crore, with a turnover of INR 6,221.27 crore for the first half of the financial year. The modifications involve updates to share transfers, affecting the number of equity shares from 39,206,000 to 29,037,000 for the transferor company, without changing the price per share. This move is expected to streamline operations, enhancing investor sentiment due to heightened transparency and potential operational synergies.