<h1>New Joint Venture Company Formed for Brownfield Ammonia-Urea Project Under Ministry of Corporate Affairs Approval</h1> A new company has been incorporated as a joint venture between a state government and other partners to develop a brownfield ammonia-urea complex within an existing fertilizer corporation's premises. The incorporation was formalized by the Ministry of Corporate Affairs, enabling the project previously approved by the Union Cabinet. The entity aims to advance regional industrial ambitions and commence operations by the end of the year.