National Fertilizers Limited — JV/Acquisition, 19-02-2025: Acquisition

National Fertilizers Limited has announced a board meeting where they expressed willingness to invest 18% equity in a proposed joint venture for the establishment of the Namrup IV Ammonia-Urea Complex in Assam. This strategic move aims to expand their footprint in the fertilizer sector, potentially enhancing operational efficiencies and market positioning. While specific financial details regarding the acquisition cost remain undisclosed, the project is slated for mechanical completion and commissioning within 48 months. This initiative aligns with the company’s long-term growth strategy and may unlock additional shareholder value.