Nagarjuna Fertilizers and Chemicals Limited — Important, 04-03-2025: Disclosure of material issue

Amlika Mercantile Private Limited (AMPL), a promoter of Nagarjuna Fertilizers and Chemicals, is exiting its investments in the heavily regulated bulk fertiliser sector, which includes its shareholding in the company. AMPL has offered to sell its entire holding of 29,60,72,140 shares to Krishak Bharati Cooperative Limited (KRIBHCO) and Saipem S.p.A. on a "as is where is" basis. However, both KRIBHCO and Saipem did not express interest in this offer, resulting in its rejection. As a consequence, AMPL intends to dispose of all or part of its shares in the company as it sees fit, adhering to applicable laws. This development may affect investor sentiment and warrants close monitoring for any further actions regarding the shareholding structure.