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

02-09-2025 | 08:58 pm

Nagarjuna Fertilizers and Chemicals (NAGAFERT) promoter Krishak Bharati Cooperative Limited (KRIBHCO) has reduced its stake. KRIBHCO sold 49,998 shares in an open market transaction, which represents a negligible 0.0084% of NAGAFERT's paid-up capital. Post-sale, KRIBHCO's holding in the company is now 0.71987%, down from 0.72823%.

**Issue & Impact:** This is a very minor dilution of promoter shareholding. Given the extremely small percentage of shares sold, the event is unlikely to have any material impact on NAGAFERT's stock performance or underlying business fundamentals for retail investors. It's more of a routine disclosure for a marginal stake adjustment rather than a significant event.

**Company's Response:** Nagarjuna Fertilizers and Chemicals Limited has reported this event as part of its ongoing disclosure obligations. The company itself has not announced any specific response or mitigation plan as the share sale was undertaken by a promoter, not the company.

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