Nagarjuna Fertilizers and Chemicals Limited — Important, 29-12-2025: Disclosure of material issue

Nagarjuna Fertilizers and Chemicals Limited (NFCL): Sr. Executive Director - Operations Mr. R M Deshpande will cease employment on December 31, 2025, citing medical and health reasons. While NFCL was internally aware of this change since November 10, 2025, the public announcement was made just two days before his departure. This rapid leadership change in a critical operational role could impact continuity. Investors will be looking for clarity on swift succession planning. #NFCL #Leadership