Mangalore Chemicals & Fertilizers Limited (MCF) has completed a major restructuring with Paradeep Phosphates Limited (PPL) company.
The Hon’ble NCLT Bengaluru Bench has approved the Composite Scheme of Arrangement between Mangalore Chemicals & Fertilizers Limited (MCF) and Paradeep Phosphates Limited (PPL).
This merger is aimed at simplifying the group’s corporate structure, enhancing operational efficiency, and creating a stronger, integrated fertilizer business.
Record Date: October 31, 2025
Exchange Ratio:
187 fully paid-up equity shares of Paradeep Phosphates Limited (Face Value ₹10 each)
for every 100 fully paid-up equity shares of Mangalore Chemicals & Fertilizers Limited (Face Value ₹10 each)
After this merger takes effect, shares of Mangalore Chemicals & Fertilizers Limited will be dissolved (without winding up), and Paradeep Phosphates Limited will continue as the listed entity.
This merger brings together complementary strengths of both companies to:
- Streamline fertilizer operations and distribution,
- Improve scale and cost efficiencies, and
- Enhance long-term shareholder value under a unified listed entity.