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National Fertilizers Limited (NFL) received a non-compliance notice from NSE concerning its Board composition, specifically regarding the required number of Independent Directors. The company's Board noted it had previously sought to waive fines, as these appointments are outside its direct control. Following a meeting, NFL's Board has decided to re-engage with the Department of Fertilizers. The goal is to secure the appointment of an adequate number of Independent Directors and ensure full compliance with governance norms.