Basant Agro Tech India Ltd has informed BSE that the Company has acquired the Single Super Phosphate fertilizer (SSP) plant in Madhya Pradesh having installed capacity of 75,000
TPA of SSP fertilizers and 50,000 TPA of NPK Mixture Fertilisers. With this the Total installed capacity of the Company has gone up to 195,000 TPA of SSP fertilisers. The possession of the said plant was taken by Company Director Shri. Ashwin Bhartia.

Recently the Government of India has enhanced the subsidy on SSP fertilizers from Rs 1125/- PMT to Rs 3658/- PMT w.e.f. May 01, 2008.

The Company will be benefited substantially with the said acquisition of the SSP fertilizers plant and also by this enhancement in the subsidy. This will have positive impact on the profitability of the Company.