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Nagarjuna Fertilizers and Chemicals LimitedImportant, 02-09-2025: Disclosure of material issue

02-09-2025 | 08:48 pm

**NAGAFERT Update:** Promoter Krishak Bharati Cooperative (KRIBHCO) sold 58,904 shares via open market on August 20, 2025. This small sale, representing just 0.0098% of paid-up capital, reduces KRIBHCO's stake from 0.77152% to 0.76167%.

**Issue & Impact:** A promoter reducing its stake, even by a tiny fraction, can sometimes raise questions. However, given the extremely small percentage of shares sold, the market impact for Nagarjuna Fertilizers and Chemicals (NAGAFERT) is likely negligible. This is typically seen as a routine portfolio adjustment rather than a significant change in confidence.

**Company's Stance:** Nagarjuna Fertilizers and Chemicals has reported this event as a standard disclosure of promoter activity, and no specific response or mitigation plan from the company regarding this sale is applicable or indicated.

#NAGAFERT #ShareSale #PromoterUpdate

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