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2025-07-25 12:41:10 pm | Source: Accord Fintech
Khaitan Chemicals & Fertilizers touches roof on the BSE
Khaitan Chemicals & Fertilizers touches roof on the BSE

Khaitan Chemicals & Fertilizers is locked its upper circuit limit at Rs 114.28, up by 2.24 points or 2.00% from its previous closing of Rs 112.04 on the BSE.

The scrip opened at Rs 114.28 and has touched a high and low of Rs 114.28 and Rs 114.28 respectively. So far 6706 shares were traded on the counter.

The BSE group 'T' stock of face value Rs 1 has touched a 52-week high of Rs 114.28 on 25-Jul-2025 and a 52-week low of Rs 44.37 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs 114.28 and Rs 105.61 respectively. The current market cap of the company is Rs 1108.39 crore.

The promoters holding in the company stood at 72.55%, while Institutions and Non-Institutions held 0.48% and 26.96% respectively.

Khaitan Chemicals & Fertilizers is all set to acquire 26% equity stake in KRSKA Solar. The company’s board has approved the execution of the Share Subscription and Shareholders’ Agreement (SSSHA) with KRSKA Solar and KRSKA Capital. Further, the board has approved the subscription of 1,333 equity shares of Rs 10 each amounting to Rs 13,330 and 3,77,989 OCRPS (Rs 10 each, aggregating to Rs 37.79 lakh) in KRSKA Solar, thereby ensuring the company holds 26% of the paid-up equity share capital with voting rights and agrees to consumes 85% of the power generated. The Board of Directors of the company in their meeting held on July 23, 2025 have approved the same.

The objective of the acquisition is to enable the company to procure renewable power through the group captive mechanism and to meet the ownership criteria prescribed under Rule 3 of the Electricity Rules, 2005. This will help reduce dependency on grid power, optimize energy costs, and reduce the carbon-footprint of company’s manufacturing operations.

Khaitan Chemicals & Fertilizers engaged in the manufacturing and selling of single super phosphate and sulphuric acid, processing of oil seed (mainly soybean) and crude edible oil, selling of de-oiled cake and crude/ refined oil and generation and selling of wind power.

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