Nagarjuna Fertilizers and Chemicals Limited — Board Meeting, 03-06-2025: Outcome of Board Meeting

Nagarjuna Fertilizers reported a consolidated PBT of Rs. 2,43,475.59 Lakhs for FY 2024-25, driven mainly by asset sales, reversal of impairment, and debt remission. However, operations were discontinued post-June 2024 following these asset sales under debt settlement, raising concerns over its going concern status. Current liabilities exceed current assets by Rs. 86,095.55 Lakhs, with subsidy claims pending. Agri Vestors Private Limited has emerged as a key promoter, acquiring a 45.44% stake from Amlika Mercantile Private Limited, reshaping the promoter shareholding.