Paradeep Phosphates Limited (PPL) today announced the merger of Mangalore Chemicals & Fertilizers Limited (MCFL) with Paradeep Phosphates Limited (PPL), effective from 16th October, 2025.
With this merger, PPL becomes one of the largest fertilizer producers in the private sector, as MCFL is now fully integrated into its operations, creating a unified company with a strong, consolidated national footprint. The combined entity enhances PPL's manufacturing scale and market reach, increasing total fertilizer production capacity by over 23% - from 3.0 million to 3.7 million metric tonnes per annum.
The merger strengthens PPL's presence in southern India while complementing its established markets in the north, west, central, and eastern regions - further reinforcing its pan-India coverage. Together, the combined entity will benefit from a wider product portfolio and a more efficient supply chain. By pooling the assets and expertise of both companies, PPL can now offer a broader cropspecific fertilizer mix, better inventory planning, and optimized distribution through an extensive network of dealers and partners. The integration also brings economies of scale in production and logistics, helping reduce costs and improve service quality for farmers and customers across the country.
Anchored in the shared belief of "Farmer First," the merger strengthens PPL's long-standing commitment to advancing Indian agriculture and ensuring that every step of growth translates into value for the farming community.
Mr. Suresh Krishnan, Managing Director & CEO of Paradeep Phosphates, said, "This merger marks a significant milestone in PPL's growth journey. Together, we can operate at a larger scale and offer a stronger, more agile, and diverse product portfolio. Our expanded distribution network and streamlined supply chain will enable us to serve farmers more effectively across India. Guided by our shared belief in putting the farmer first, this combined strength positions us for future growth and reinforces our commitment to delivering lasting value to all stakeholders."
Shares of Mangalore Chemicals & Fertilizers Limited was last trading in BSE at Rs. 320.90 as compared to the previous close of Rs. 320.00. The total number of shares traded during the day was 8276 in over 683 trades.
The stock hit an intraday high of Rs. 323.35 and intraday low of 316.80. The net turnover during the day was Rs. 2651900.00.
Shares of Paradeep Phosphates Limited was last trading in BSE at Rs. 179.35 as compared to the previous close of Rs. 179.95. The total number of shares traded during the day was 323709 in over 3969 trades.
The stock hit an intraday high of Rs. 182.20 and intraday low of 177.10. The net turnover during the day was Rs. 58068274.00.