DCM Shriram Consolidated Ltd has informed BSE that the Company entered into with M/s. Shri Ganpati Fertilizers Ltd, Jaipur (SGFL) 81.41% of the total equity shares of SGFL have been transferred in favour of the Company. Accordingly, SGFL has become its subsidiary.

SGFL is engaged in the manufacture of Single Super Phosphate (SSP) having manufacturing unit at District Chittorgarh, Rajasthan, having manufacturing capacity of SSP Powder of 1,98,000 tonnes per annum and SSP Granules of 60,000 tonnes per annum.