Nagarjuna Fertilizers and Chemicals Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Nagarjuna Fertilizers' board has approved Q1 FY25 consolidated financial results. Key update: Company is no longer a 'going concern,' reporting zero operational revenue after asset sales. Despite this, a net profit of Rs. 2,453.20 Cr was posted, driven by other income and adjustments. Significant financial strain remains, with liabilities exceeding assets by Rs. 817.14 Cr and Rs. 1,077.24 Cr in contingent claims, relying on pending government dues. A major ownership shift occurred as Agri Vestors Private Limited became the new promoter, acquiring a 45.44% stake for Rs. 117.13 Cr. The 'Nagarjuna Brand' trademark use has been discontinued.