Nagarjuna Fertilizers and Chemicals Limited — Important, 02-09-2025: Disclosure of material issue
**NAGAFERT Update:** Promoter Krishak Bharati Cooperative Limited (KRIBHCO) recently sold 49,998 shares of Nagarjuna Fertilizers and Chemicals (NFCL) in the open market.
**The Issue:** This share sale by a promoter represents a minor divestment of just 0.0084% of NFCL's paid-up capital. KRIBHCO's stake now stands at 0.72823% of the company.
**Possible Impact:** The impact on NFCL's ownership structure or operations is negligible given the very small percentage of shares sold. This appears to be a routine open market transaction.
**Company's Response:** NFCL has promptly disclosed this event as required by SEBI regulations. The company noted a delay in receiving the intimation from KRIBHCO, as the communication was addressed to an ID not in use. #NAGAFERT #MarketUpdate
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