Agro Phos India Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting
16-07-2025 | 06:35 pm
16-07-2025 | 06:35 pm
Agro Phos India's board has approved the acquisition of Bharat Phosphaters & Chemicals Private Limited for up to ₹ 3 Cr. This strategic move aims to leverage BPCPL's existing assets, including its SSP plant. The acquisition, making BPCPL a wholly-owned subsidiary, will be completed in phases during FY2025-26 via cash, including equity subscription and debt repayment. BPCPL, incorporated in 2017, currently has a paid-up capital of Rs. 1 Cr and reported zero turnover in the last three years. This acquisition aligns with Agro Phos's strategic goals.
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