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Agro Phos India Ltd. ( (IN:AGROPHOS) ) has issued an announcement.
Agro Phos India Ltd.’s board has appointed Mr. Samir Kumar Biswas as an additional non-executive independent director for a five-year term starting 31 December 2025, subject to shareholder approval. Biswas brings extensive board-level and executive experience across chemical, finance, infrastructure, textile and public policy roles, including work in central and state government and leadership in industry-focused institutions. The board has also given in-principle approval to dilute Agro Phos’s stake in its associate company Shri Tuls i Phosphate Ltd. from 32.45% to below 20%, which will result in Shri Tulsi Phosphate ceasing to be an associate; this move may streamline Agro Phos’s investment portfolio and alter its influence over that business, with implications for how it allocates capital and structures future strategic partnerships.
More about Agro Phos India Ltd.
Agro Phos India Ltd. operates in the chemical and fertilizer sector, focusing on the manufacture and sale of phosphate-based products that support the agricultural industry. The company is based in Indore, Madhya Pradesh, and is listed on the National Stock Exchange of India under the symbol AGROPHOS.
Average Trading Volume: 28,251
Technical Sentiment Signal: Buy
Current Market Cap: 844.8M INR
Find detailed analytics on AGROPHOS stock on TipRanks’ Stock Analysis page.