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Paradeep Phosphates Limited establishes Fertilizer Innovation Foundation – India as a not-for-profit
12-Aug-2026, 01:23
Paradeep Phosphates Limited announced the incorporation of a wholly owned subsidiary, Fertilizer Innovation Foundation – India, on August 11, 2026, as a not-for-profit entity focused on research, innovation, knowledge dissemination, and capacity building in the fertilizer and agriculture sector; the company subscribed to 100% of the subsidiary’s initial paid-up share capital at a face value of Rs 10 per share and received a license under section 8(1) of the Companies Act, 2013.
Paradeep Phosphates Limited announced the incorporation of a wholly owned subsidiary, Fertilizer Innovation Foundation – India, on August 11, 2026, as a not-for-profit entity focused on research, innovation, knowledge dissemination, and capacity building in the fertilizer and agriculture sector; the company subscribed to 100% of the subsidiary’s initial paid-up share capital at a face value of Rs 10 per share and received a license under section 8(1) of the Companies Act, 2013.