Rama Phosphates Limited informed that the Company has signed Memorandum of Understanding (MOU) on January 12, 2022 with Government of Rajasthan for a total investment of INR 150 million for implementing the project and development of Single Super Phosphate powder/granules on the existing land area of approximate 7,200 sq.mt. at 4807-4811, Umra Jhamar Kotra Road, Udaipur in Rajasthan. This investment in the project will accelerate the physical and social developments of the State by generating employment and other spin off benefits to its economy.