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Nagarjuna Fertilizers Reshapes Board After Promoter Amlika Mercantile Fully Exits Stake

Story Highlights
  • Nagarjuna Fertilizers announced board changes after promoter Amlika Mercantile exited its stake.
  • Nominee directors K Rahul Raju and Uday Shankar Jha resigned, ending their roles as MD and chairman.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nagarjuna Fertilizers Reshapes Board After Promoter Amlika Mercantile Fully Exits Stake

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The latest update is out from Nagarjuna Fertilizers & Chemicals Ltd. ( (IN:NAGAFERT) ).

Nagarjuna Fertilizers and Chemicals Limited announced changes to its board following the exit of promoter Amlika Mercantile Private Limited, which had earlier nominated K Rahul Raju and Uday Shankar Jha as directors under the company’s Articles of Association. After Amlika Mercantile fully divested its 49.51% equity stake in the company during FY 2024-25 through open market transactions and block deals, it formally withdrew its nominations, resulting in Raju and Jha ceasing to be directors, and consequently stepping down as managing director and chairman, respectively, effective 26 December 2025, marking a significant shift in the company’s shareholding and leadership structure.

More about Nagarjuna Fertilizers & Chemicals Ltd.

Nagarjuna Fertilizers and Chemicals Limited operates in the fertilizers and chemicals industry, supplying agricultural inputs such as fertilizers to the Indian market from its base in Hyderabad. The company serves a broad agribusiness and farming clientele and is listed on both BSE and the National Stock Exchange of India.

Average Trading Volume: 50,739

Technical Sentiment Signal: Sell

Current Market Cap: 3B INR

See more data about NAGAFERT stock on TipRanks’ Stock Analysis page.

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