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Paradeep Phosphates Gains Tribunal Approval for Strategic Scheme

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Paradeep Phosphates Gains Tribunal Approval for Strategic Scheme

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Paradeep Phosphates Ltd. ( (IN:PARADEEP) ) has shared an announcement.

Paradeep Phosphates Limited has announced that the National Company Law Tribunal, Cuttack Bench, has approved a scheme of arrangement involving Mangalore Chemicals & Fertilizers Limited. This development marks a significant step in the company’s strategic plans, potentially impacting its market positioning and stakeholder interests.

More about Paradeep Phosphates Ltd.

Paradeep Phosphates Limited operates in the chemical industry, focusing on the production and distribution of fertilizers. The company is involved in a scheme of arrangement with Mangalore Chemicals & Fertilizers Limited, indicating its strategic moves within the market.

Average Trading Volume: 1,003,586

Technical Sentiment Signal: Buy

Current Market Cap: 157.3B INR

For a thorough assessment of PARADEEP stock, go to TipRanks’ Stock Analysis page.

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