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Paradeep Phosphates Limited — M&A Activity 2022
Jun 1, 2022
59408_rns_2022-06-01_e14cbb8a-d5e1-4dfb-b10a-9e10c1677c45.pdf
M&A Activity
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adventz
June 01, 2022
BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai -400 001 BSE scrip Code: 534742
National Stock Exchange of India Ltd, Exchange Plaza, 5[th ] floor, Bandra-Kurla Complex, Sandra (E), Mumbai - 400 051 NSE Symbol: ZUARI
Dear Sirs,
Company's Scrip Code in BSE : 543530 Company's Symbol in NSE : PARADEEP ISIN : INE088F01024
Subject: Acquisition of Zuari Agro Chemicals Limited's (ZACL's) fertilizer plant at Goa and associated businesses of ZACL
We wish to inform you that, the acquisition of Zuari Agro Chemicals Limited's fertilizer plant at Goa and associated businesses of ZACL by the Company on slump sale basis pursuant to the Business Transfer Agreement(BTA) executed by the Company with ZACL on 1st March, 2021 has been consummated with effect from 06:00 hours on June 01, 2022.
This disclosure is given pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
We request you to kindly take note of the same.
Thanking you, Yours faithfully, For Paradeep Phosphates Limited
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Sachin Patil Company Secretary
PARADEEP PHOSPHATES LIMITED
CIN No.: U241290R1981PLC001020
Adventz Centre : 3'd Floor, No. 28, Union Street. Off-Cubbon Road,Bangalore-560 001 Karnataka, India Registered Office: Bayan Bhawan, Pt J N Marg , Bhubaneswar - 751001 Tel : +91 0674-6666100, Fax: +91 0674-2392631, Email:[email protected] www.paradeepphosphates.com