The Phosphate Company Ltd

Dematerialisation status

• Certificates received for dematerialisation during the reporting period were cancelled, mutilated, and depository substituted as owner.
• Depository name substituted as registered owner in the records.
• Securities dematerialised have been listed on all stock exchanges where listed.
• Processed dematerialisation requests during the period per RTA confirmation.

The Phosphate Company Limited — Trading window closed from 1st October 2026 till 48 hours after the announcement of the Financial Results for the quarter ended 30th September 2026.

AGM Details

• AGM held on Sep 23, 2026 at 11:30 AM IST via VC/OAVM; NSDL streamed.

Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements and Directors' Report.
• Resolution 2 (Ordinary): Final dividend of 20% (Rs 2 per share).
• Resolution 3 (Ordinary): Re-appointment of Ajay Bangur (retiring by rotation).
• Resolution 4 (Special): Continuation of Gautam Bhattacharya as Independent Director.
• Resolution 5 (Ordinary): Ratification of remuneration of Cost Auditors for FY2026-27.

Voting Results

• All resolutions passed by majority via combined e-voting and AGM.

Dividend

• Final dividend of 20% (Rs 2 per share) for the financial year ended 31 March 2026.

Director Changes

• Ajay Bangur re-appointed as Director, retiring by rotation.

Independent Director

• Gautam Bhattacharya to continue as Independent Director (Special).

Auditors

• Remuneration of Cost Auditors ratified for FY2026-27.

Transaction overview

• Target: The Phosphate Company Limited.
• Acquirer: Shrimangala Khaitan (Promoter Group); PAC: Shrivats Khaitan (Promoter Group).
• Transaction type: Inter-se transfer of shares by gift.
• Date: 01-09-2026.
• Mode: Gift via inter-se transfer.
• Equity share capital before/after: Rs 3,60,74,800.

Pre-transaction holdings

• Acquirer pre-holding: 64,760 shares, 1.7951% voting rights.
• PAC pre-holding: 87,000 shares, 2.4116% voting rights.
• Total promoter holdings pre-transaction: 797,080 shares, 22.0952% of diluted capital.

Transaction and post-holdings

• Shares acquired by acquirer: 36,000 shares (0.9979% diluted).
• Shares disposed by seller: 36,000 shares (0.9979%).
• Mode: Inter-se transfer; Gift.
• Post-transaction holdings: Acquirer 100,760 shares (2.793%); PAC 51,000 shares (1.413%).
• Date of transaction: 01-09-2026; Intimation to company: 02-09-2026.
• Total diluted share capital after: Rs 3,60,74,800.

Financial Highlights

• Revenue from Operations: Rs 14,563.42 lacs for FY2025-26.
• EBITDA: Rs 1,055.58 lacs.
• Profit after tax: Rs 452.08 lacs.
• Earnings per share: Rs 12.53.
• Cash flow from operating activities: Rs 1,481.68 lacs.
• Final dividend proposed: Rs 2 per share (20%).
• Net debt: Rs (308.54) lacs.
• Total equity: Rs 9,218.12 lacs.
• Gross borrowings: Rs 2,369.64 lacs.

Segment Revenue & Profit

• Fertiliser (P&K, DAP) revenue: Rs 14,068.25 lacs.
• Other revenue: Rs 495.17 lacs.
• Fertiliser segment PBT: Rs 788.18 lacs.
• Others segment PBT: Rs 100.13 lacs.

Capital Structure & Liquidity

• Total equity as at 31 Mar 2026: Rs 9,218.12 lacs.
• Total borrowings (gross): Rs 2,369.64 lacs.
• Net debt stood at Rs (308.54) lacs.

Cash Flow & Capex

• Cash flow from operating activities: Rs 1,481.68 lacs.
• Net cash used in investing activities: Rs 653.88 lacs.
• PPE additions for the year: Rs 2.25 lacs.
• PPE net block at year-end: Rs 6,770.52 lacs.

Dividends & AGM

• Final dividend proposed: Rs 2 per share (20%).
• AGM on Sept 23, 2026 via VC/OAVM.
• Cost Auditor remuneration ratified: Rs 17,500 plus taxes.

Governance & Board

• Independent director Gautam Bhattacharya to continue for remainder of term.
• Ajay Bangur to be reappointed as Director.
• Board includes independent directors Sonali Sen and others.

Risks & Outlook

• Labour Codes implemented Nov 21, 2025; no material impact.
• Outlook subject to commodity prices and regulatory changes.

Dividend record date

• Record date fixed 16 Sep 2026 for entitlement to dividend on equity shares; AGM to approve 20% dividend.

AGM & voting details

• AGM via VC/OAVM on 23 September 2026 at 11:30 A.M. IST.
• Record date for voting: 16 September 2026; determines voting eligibility.
• Remote e-voting period: 20 Sept 2026, 9:00 A.M. IST to 22 Sept 2026, 5:00 P.M. IST.
• Final dividend: 20% (Rs 2 per equity share) for FY ended 31st March 2026.
• Security: equity shares.

Governance resolutions

• Ordinary resolution: reappoint Ajay Bangur (DIN 00041711) by rotation.
• Special Resolution: continuation of Gautam Bhattacharya as Independent Director.
• Cost Auditor remuneration: Rs 17,500 plus taxes; M/s S. Gupta & Co.

Key transaction details

• Target Company: The Phosphate Company Limited.
• Disclosing Party: Acquirer Nikate Khaitan and PAC (promoter group).
• Transaction Type: Acquisition of voting rights via inter-se transfer.
• Pre-Transaction total holding: 797,080 shares (22.0952%).
• Pre-Transaction acquirer holding: 284,760 shares (7.8936%).
• Pre-Transaction PAC holding: 51,520 shares (1.4281%).
• Shares acquired: 144,000 by acquirer; 144,000 sold.
• Post-Transaction acquirer holding: 428,760 shares (11.8853%).
• Mode: Inter-se transfer.
• Equity share capital before: Rs 3,60,74,800.
• Equity share capital after: Rs 3,60,74,800.
• Total diluted share capital after: Rs 3,60,74,800.