Date: September 26, 2026

Board Meeting Outcomes

  • Amendment of the Main Objects Clause and adoption of the Memorandum of Association of the Company in accordance with the provisions of the Companies Act, 2013.
  • Raising of funds by way of a Further Public Offering through a fresh issue of Equity Shares by the Company aggregating up to Rs. 1,500 Crore (Rupees One Thousand Five Hundred Crore only) subject to receipt of the approval of the Department of Fertilizers, Government of India and Department of Investment and Public Asset Management (DIPAM).

The amended MOA of the company is enclosed as Annexure 1.

Memorandum of Association Amendments

The amended Memorandum of Association significantly expands the company's permissible business objects. Key new and expanded objects include:

Main Objects (Clause III A):

  • To carry on business relating to fertilizers, heavy chemicals, heavy water and their by-products, all organic and inorganic chemical compounds.
  • To carry on business of chemical, mechanical, civil and electrical engineering.
  • To generate power from renewable, conventional and non-conventional energy sources, including waste heat recovery systems.
  • To carry on business of sewage treatment plants (STP), effluent treatment plants (ETP), water purification, recycling and waste water management systems.
  • To manufacture, deal in explosives, industrial explosives, ammunition, fireworks and allied explosive products.
  • To carry on business of manufacturing agro-based products, agro-chemicals, fertilizers, organic and innovative fertilizers, bio-fertilizers, agricultural inputs.
  • To act as agents, distributors, representatives or State Trading Enterprises (STEs) for Governments and other entities.
  • To promote, establish, acquire, invest in businesses engaged in fertilizers, chemicals, sustainable agriculture solutions, environmental engineering, renewable energy.
  • To acquire, develop and protect intellectual property rights including patents, trademarks, technical know-how.
  • To acquire real estate, lands, options, grants, concessions, franchises, and other rights and privileges.

Incidental Objects (Clause III B):

  • To establish warehouses, cold storages, godowns, logistics parks and storage facilities.
  • To lend or advance money to subsidiary companies or joint ventures.
  • To promote wholly owned subsidiaries, subsidiary companies, joint ventures.
  • To open and maintain banking accounts with financial institutions.
  • To manufacture, store, maintain, sell including sale of scrap/assets.
  • To acquire, establish, construct factories, townships, estates, railway sidings, buildings.
  • To carry on business of colliery proprietors, miners, contractors, merchants.
  • To carry on business of carriers of goods by land, sea and air.
  • To purchase lands, buildings, works, mines, mineral deposits, mining rights.
  • To construct railways, tramways, ropeways, docks, harbors, piers, and other infrastructure.
  • To establish training institutions and conduct training programmes.
  • To establish research laboratories, design cells and experimental workshops.
  • To subscribe for, purchase, acquire shares, stocks, debentures in other companies.
  • To enter into partnership or joint venture arrangements.
  • To acquire and undertake business of other companies.
  • To guarantee payment of money and performance of contracts.
  • To make, draw, accept negotiable instruments.
  • To invest surplus funds in various instruments.
  • To borrow money through debentures, bonds or other securities.
  • To create various funds including depreciation fund, reserve fund, sinking fund.
  • To apply for membership of other associations or bodies.
  • To obtain legislative approvals from various governments.
  • To enter into arrangements with governments and authorities.
  • To advertise and promote the company's business.
  • To provide welfare for employees and ex-employees.
  • To distribute properties among members during winding up.
  • To remunerate persons for services in placing shares or securities.
  • To support charitable or public purposes including resettlement and rehabilitation.

Capital Structure

  • The authorised share capital of the Company is Rs. 800 crores (Rupees Eight Hundred Crores only) divided into 80,00,00,000 (Eighty Crores only) Equity shares of Rs. 10/- (Rupees Ten only) each.