Nagarjuna Fertilizers and Chemicals Limited — Important, 02-09-2025: Disclosure of material issue
02-09-2025 | 08:54 pm
02-09-2025 | 08:54 pm
Nagarjuna Fertilizers (NAGAFERT) disclosed that its promoter, Krishak Bharati Cooperative (KRIBHCO), sold 49,998 shares in an open market transaction on August 25, 2025. This amounts to a tiny 0.0084% of the company's paid-up capital. Post-sale, KRIBHCO's holding now stands at 0.73659%.
**Issue:** A promoter has slightly reduced its stake.
**Impact:** Given the extremely small percentage, the direct market impact is expected to be negligible. Such minor stake changes are often routine.
**Company's Action:** The company has made the required disclosure to the stock exchanges regarding this transaction.
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