Nagarjuna Fertilizers and Chemicals Limited — Important, 26-12-2025: Disclosure of material issue
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Major leadership shake-up at NFCL! Promoter Amrita Mercantile Pvt Ltd (AMPL) has completely exited its investment, selling its entire 49.51% equity stake in the company through open market transactions and block deals. As a direct consequence of AMPL no longer being a shareholder or promoter, it has withdrawn its nominated directors. Effective December 26, 2025, Mr. K Rahul Raju ceases to be the Managing Director, and Mr. Uday Shankar Jha ceases to be the Chairman. Both individuals also cease to be members of the Board of Directors. This marks a significant change in NFCL's governance following a major promoter's full departure.
#NFCL #LeadershipChange #PromoterExit
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