Agro Phos Limited agreed to acquire Shri Tulsi Phosphate Limited for INR 35 million.

Agro Phos (India) Limited is an India-based company, which is engaged in fertilizer trading. The Company engaged in the manufacturing of fertilizers such as single super phosphate (SSP), nitrogen phosphate and potassium (NPK), zinc sulphate, organic manure and calcium sulphate commonly known as soil conditioner or gypsum. It also undertakes trading of diammonium phosphate (DAP), urea, ammonium sulphate, and other fertilizers. The Company’s SSP products are sold under the brand name Smriddhi. Its Zinc Sulphate products are sold under the brand name Ratna. The Company is involved in trading of variety of organic and chemical fertilizers products include diammonium phosphate (DAP), ammonium sulphate, urea, muriate of potash (MOP), high seas rock sale, zinc ash, potash, and more. The Company also takes part in various educational awareness programs for farmers. The Company’s manufacturing facilities are located at Dewas and Meghnagar, Madhya Pradesh.