Alpha Tribe

National Fertilizers LimitedOthers, 09-04-2025: Statement of utilization of issue proceeds

09-04-2025 · 03:42 pm

The company has provided an update on the utilization of proceeds from its recent issue, detailing the allocation across various projects and operational needs. Approximately ₹50 crore (cr) has been directed towards enhancing production capacity and ₹30 crore (cr) earmarked for strengthening marketing initiatives. These investments aim to boost operational efficiency and drive growth in market share. This strategic allocation may enhance investor confidence, reflecting a positive outlook as the company seeks to bolster its competitive positioning and increase shareholder value.

No comments yet. Be the first to comment!

All announcements from National Fertilizers Limited