According to a release issued by GSFC to the BSE today, the JV company has been incorporated along with Coromandel Fertilisers and Tunisia-based companies Groupe Chimique Tunisien (GCT), Compagnie des Phosphates de Gafsa (CPG).
While the Tunisian firms will hold 70% stake in the new firm, GSFC and Coromandel Fertilisers will hold 15% each, the release added.