Shares of Krishana Phoschem Ltd rallied 4% on 19 June after the company announced securing approval from the Board of Directors for the fertiliser manufacturing facility. 

The company announced that its board had given in-principle approval to establish a 500 TPD DAP/NPK fertiliser and 300 TPD Sulphuric acid plant/any other fertiliser manufacturing activity in Meghnagar, Jhabhua district, Madhya Pradesh, to be funded through debt and internal accruals.

In an exchange filing, Krishana Phoschem said, “We wish to inform you that the board of directors of the company at its meeting held on Thursday the 19 June, 2025 has inter alia granted in-principle approval for setting up a 500 TPD of DAP/ NPK fertiliser and 300 TPD Sulphuric acid plant /any other manufacturing activity relating to fertiliser at Meghnagar, Jhabhua Madhya Pradesh to be funded through debt and internal accruals.”

Last week, the company launched two new products: Annadata Urea SSP (which combines the benefits of urea and SSP) and Annadata Super 6. It also relaunched Annadata Zibo (fortified SSP with Zinc and Boron).

Krishana Phoschem, a subsidiary of Ostwal Phoschem (India) Ltd. and a member of the Ostwal Group, is an Indian fertiliser and chemical production company. 

With a strong emphasis on sustainable farming techniques, the company manufactures a number of vital goods, including Single Super Phosphate (SSP), Granulated SSP (GSSP), and Beneficiated Rock Phosphate (BRP), which help to replenish the soil with essential phosphorus.

In addition to fertilisers, Krishana Phoschem manufactures chemical intermediates such as H-acid and other dye components used in the textile industry. Its major manufacturing site is in Meghnagar, Madhya Pradesh, and it operates in three units. The company contributes significantly to India’s agriculture and industry through its diverse product line and focus on sustainability.

However, at 1:30 pm, the shares of Krishana Phoschem were trading 2% lower at Rs 496.15 on NSE.

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