Rama Phosphates Hits 5% Upper Circuit As It Extends Nimbahera Plant Lease by 5 Years

Mumbai, October 7, 2025: Rama Phosphates Limited’s share price is witnessing a strong rally today after announcing a five-year extension of the lease agreement for its Nimbahera manufacturing facility in Rajasthan. As of 10:45 AM, the shares hit the upper circuit, rising 5% (₹7.54) to trade at ₹158.49. The stock has moved within a range of ₹152.99 to ₹158.49 so far, with a traded volume of 30.68 thousand shares. The company’s market capitalisation stands at ₹442 crore, while its 52-week high and low are ₹168.23 and ₹80.85, respectively. The extension of the Nimbahera facility lease is expected to strengthen the company’s operational continuity and support its long-term production plans.

Rama Phosphates Limited is an Indian company that is engaged in the manufacturing of Phosphatic Fertilisers. It was established in 1984 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol RAMAPHO and on BSE with the code 524037.

Extension of Nimbahera Plant Lease by 5 Years

The significant rally in the shares comes after the company announced that it has successfully extended the lease agreement for its Nimbahera manufacturing facility in Rajasthan for five more years. The extension was executed yesterday, on October 6. The extension will keep the lease active from December 9, 2026, to December 8, 2031, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Under the agreement, the lessor is M/s. Arihant Phosphate & Fertilizers Ltd., while the lessee is Rama Phosphates Ltd. The manufacturing capacity of the plant is 66,000 MTPA (Single Super Phosphate – Powder & Granulated), with an aggregate installed capacity (post extension) of 6.98 lakh MTPA. The extension will have no change in the company’s shareholding and capital structure.

Sustained Production Continuity

Haresh D. Ramsinghani, Chairman & Managing Director of Rama Phosphates Ltd, stated that the lease extension will ensure sustained production continuity and strengthen operational stability at the Nimbahera unit, which contributes significantly to the company’s fertiliser output.

REF: https://nsearchives.nseindia.com/corporate/RAMA_06102025131936_Reg_30-_Extension_of_lease_agreement.pdf

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