NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2026
(iii) Investments at fair value through profit and loss (FVTPL) Investments at FVTPL - Quoted A) Investments in InvIT fund of Roadstar infra investment trust (2,00,000 units of 100/- each) *** Investments at FVTPL - Unquoted A) Investments in Government securities B) Investments in Debentures $ C) Investments in State Development Loans Total Investments at FVTPL (iv) Investments at amortized cost Investments at Amortized cost - Unquoted A) Investments in Government securities Total Investments at Amortized cost Non-current Current Total investments
Aggregate book value of quoted investments and market value thereof Aggregate amount of unquoted investments
Amount nullified on conversion to crores. ** Investment in Associate is accounted under Equity method as under: Opening Carrying Value of Investments Additon during the year Carrying Value of Investments at the year end
During the current year, the Company has made investment of 35.71 crores by acquiring 7,34,369 equity shares of GACL, having face value of 10/- each at an average price of 486.29/- per equity share. The post issue, shareholding of the Company has changed from 2.40% to 3.40% of the total paid up share capital of GACL.
The Company is carrying physical share certificate in respect of this investment.
M/s Ecophos GNFC India Private Limited (EGIPL) is the joint venture company formed by the Company and M/s Ecophos S.A - a Belgium based company for manufacturing of Di-Calcium Phosphate (DCP) at Dahej location. The Company holds 15% shareholding of EGIPL at issued value of 24.21 crores. During the FY 2019-20, M/s Eophos S.A. (shareholder) holding 85% shareholding of EGIPL had applied for bankruptcy. Consequently all the nominee directors of EGIPL, Managing Director and Company Secretary of EGIPL resigned. Plant installation for manufacturing of DCP didn't commenced. Accordingly, the Company valued such investment as at March 31, 2026 and as at March 31, 2025 at the nominal consideration of 1.
The Company had acquired various securities from GNFC-EPFT which includes investments in various long term secured/unsecured Non-Convertible Debentures (NCD) issued by IL&FS Group. Such investments have been recorded at the nominal fair values of 4.94 only (i.e.
1 for each security reduced by the amount received till date) as against total face value of 26.07 crores as on 31.03.2026.
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