Paradeep Phosphates Limited — Others, 16-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Paradeep Phosphates Limited has announced a favorable Delhi High Court order directing the Department of Fertilizers to release ₹53.50 Cr subsidy under the Nutrient Based Subsidy (NBS) Scheme for imported DAP supplied in 2013. The subsidy was earlier withheld due to a disputed lab report, but the court upheld the company’s claim supported by certifications from multiple state governments. This release will improve the company’s financial position and cash flows once realized.