GSP Crop science

Aug 11 (Reuters) - GSP Crop Science Ltd GSPC.NS:

• GSP CROP SCIENCE JUNE-QUARTER NET PROFIT 312.8 MILLION RUPEES

• GSP CROP SCIENCE JUNE-QUARTER REVENUE FROM OPERATIONS 4.24 BILLION RUPEES

Source text: ID:nBSE4QZr9s

Further company coverage: GSPC.NS

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GSP Crop Science Limited's board approved a scheme of arrangement to amalgamate its wholly owned subsidiary Rajdhani Petrochemicals Private Limited and demerge the manufacturing undertaking of GSP Intermediates Private Limited into the parent company, effective from 1 April 2026. Rajdhani reported a total income of ₹124.5 crore and a net worth of ₹64.5 crore for the year ended March 2026, while the demerged unit recorded turnover of ₹28.3 crore. No shares or cash will be issued as GSP Crop already holds 100% of both entities. The amalgamation is expected to streamline corporate structure and bring operational synergies. The demerger will consolidate the manufacturing business, reduce compliance costs, and improve efficiency. The scheme is subject to regulatory approvals, including from the National Company Law Tribunal.

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July 2 (Reuters) - GSP Crop Science Ltd GSPC.NS:

• GSP CROP SCIENCE - BOARD APPROVES SCHEME OF ARRANGEMENT WITH RAJDHANI PETROCHEMICALS AND GSP INTERMEDIATES

Source text: ID:nBSE5MBDzC

Further company coverage: GSPC.NS

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May 14 (Reuters) - GSP Crop Science Ltd GSPC.NS:

• TO ACQUIRE BALANCE 21% STAKE OF GSP INTERMEDIATES FOR 31.5 MILLION RUPEES

Further company coverage: GSPC.NS

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** Shares of GSP Crop Science GSPC.NS rise 4.4% to 334.1 rupees in trading debut

** GSPC listed at 328 rupees - 2.5% above IPO share price of 320 rupees

** Agrochemical manufacturer stock's current share price values co at 15.54 billion rupees ($165.7 million)

** IPO proceeds will be used to repay outstanding debt, which is expected to strengthen the balance sheet and significantly reduce finance costs

** Adroit Financial Services notes co's revenue mix from patented products increased significantly in the last one year leading to higher margins and improving co’s return profile

** SBI Securities says current rise in raw material and freight costs due to the Middle East war is likely to impact co's performance in Q4

** Brokerage adds that weaker monsoons due to El Nino conditions could impact demand for insecticides, herbicides and fungicide

** IPO was subscribed 1.46 times

($1 = 93.7790 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

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