Fertilizers and Chemicals Travancore Limited (FACT) — Announcement Announcement
📢 Key Event
FACT receives government approval to produce DAP under NBS scheme
💡 Investor Takeaway
Shareholders may benefit from expanded fertilizer production and potential subsidy gains.
FACT disclosed that India's Ministry of Chemicals and Fertilizers approved its request to manufacture di-ammonium phosphate (DAP) at the Udyogmandal plant under the NBS scheme, subject to approvals and conditions. The company is pursuing necessary steps to secure subsidy benefits.
📄 View Original Announcement (PDF)
About Fertilizers and Chemicals Travancore Limited (FACT)
Chemicals · Fertilizers & Agrochemicals · Listed on NSE
Market Cap: ₹57,117.04 Cr
P/E: -630.5
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.