Agro Phos India Limited has announced the sale and disposal of its shareholdings in Shri Tulsi Phosphate Limited. Following this transaction, Agro Phos India's shareholding in Shri Tulsi Phosphate Limited has decreased from 27.49% to 19.51%. Consequently, Shri Tulsi Phosphate Limited will no longer be considered an associate of Agro Phos India Limited. The sale involved 520,000 equity shares, transferred to Mr. Raj Kumar Gupta at a price of ₹14.70 per share, as per the valuation report. The total consideration received from this disposal amounts to ₹76,44,000 (Rupees Seventy-Six Lakhs Forty-Four Thousand Only). Mr. Raj Kumar Gupta is identified as a promoter of Agro Phos India Limited, indicating that this transaction falls under related party transactions. The company has confirmed that the sale was conducted at an arm's length price. The agreement for sale was entered into on 31st December 2025, with the completion of the sale also on the same date. For the financial year ending 31st March 2025, Shri Tulsi Phosphate Limited contributed an income (loss) of ₹21.82 lacs, representing 27.49% of the turnover, and had a net worth of ₹249.11 lacs.
