National Fertilizers Limited — Others, 18-03-2025: Action(s) taken or orders passed

National Fertilizers Limited has announced a board meeting to address a recent notice from the National Stock Exchange of India and BSE regarding a fine for non-compliance with Regulation 17(1) and Regulation 19 of SEBI guidelines, totaling ₹3.6462 million (36.462 crore). The Company plans to file a waiver application, citing that the non-compliance was beyond its control as board appointments are made by the Ministry of Chemical and Fertilizers, Government of India. While the fine poses a potential risk, there is no material impact on operations or financials, which may lead to a neutral sentiment among investors.