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

Nagarjuna Fertilizers (NAGAFERT) has approved its consolidated financial results for the quarter ended June 30, 2025. The company reported zero revenue from operations, as its business is now on a 'not a going concern' basis after core asset sales. It incurred a consolidated net loss of ₹6.26 Cr. Current liabilities significantly exceed assets by ₹817.14 Cr, with additional contingent liabilities of ₹1077.24 Cr and an ongoing GAIL arbitration. A major ownership shift occurred, with Agri Vestors Pvt Ltd becoming the new promoter after acquiring a 45.44% stake. The company has also stopped using its Nagarjuna brand.