Zuari Maroc Phosphates Pvt Ltd, a promoter, increased its stake in Paradeep Phosphates Limited from 50.31% to 50.33% by purchasing 1,75,000 shares for ₹1.91 Cr at ₹108.87 apiece on March 30, 2026.
India's second largest private sector phosphatic fertilizer manufacturer, Paradeep Phosphates produces and distributes a comprehensive range of non-urea fertilizers including DAP, multiple NPK grades, Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid. Incorporated in 1981, the company operates across manufacturing, trading, and distribution channels serving agricultural and industrial sectors. It distinguishes itself through vertically integrated operations and a diversified product portfolio addressing varied customer needs.
