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Nagarjuna Fertilizers & Chemicals Ltd. ( (IN:NAGAFERT) ) has provided an update.
Nagarjuna Fertilizers and Chemicals Limited has announced a significant change in its board and management following the complete exit of promoter Amlika Mercantile Private Limited (AMPL) from the company during FY 2024-25, when AMPL divested its entire 49.51% stake through open-market transactions and block deals, thereby ceasing to be a shareholder and promoter. As a consequence of AMPL’s exit, the nominations of its representatives, Mr. K Rahul Raju and Mr. Uday Shankar Jha, have been withdrawn, and both cease to be members of the board as well as Managing Director and Chairman of the company, respectively, effective December 26, 2025, marking a notable shift in the company’s ownership structure and top leadership with potential governance and strategic implications for stakeholders.
More about Nagarjuna Fertilizers & Chemicals Ltd.
Nagarjuna Fertilizers and Chemicals Limited is an Indian company operating in the fertilizers and chemicals industry, with its registered office in Hyderabad. The company focuses on manufacturing and marketing fertilizers and related chemical products for the agricultural sector, serving farmers and agribusinesses across India.
Average Trading Volume: 50,739
Technical Sentiment Signal: Sell
Current Market Cap: 3B INR
See more insights into NAGAFERT stock on TipRanks’ Stock Analysis page.