Nagarjuna Fertilizers and Chemicals Ltd

Nagarjuna Fertilizers and Chemicals Ltd has announced a delay in submitting its Un-audited Financial Results for the quarter ended June 30, 2026. The company cites severe financial constraints stemming from over two years of delays in subsidy and energy claim processing by central and state governments. These constraints have led to defaults in salary and vendor payments, resulting in the loss of access to SAP systems since May 05, 2026, hindering the preparation of financial results. The company aims to submit the results by August 30, 2026.

Nagarjuna Fertilizers and Chemicals Ltd has announced the closure of its trading window. The window will be shut from July 01, 2026, and will reopen 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, to prevent potential insider trading activities.

Nagarjuna Fertilizers and Chemicals Ltd has announced the appointment of Mr. R. Rama Mohanarao as an Additional Non-Executive Director to its Board, effective June 30, 2026. Mr. Rao brings over 50 years of extensive experience in industrial relations, productivity enhancement, and labor welfare across public and private sectors. His background includes significant roles in government advisory boards and international labor organizations, focusing on improving work environments and eradicating child labor. He has previously been associated with Union Carbide India Ltd for over two decades and has expertise in implementing wage agreements and fostering positive industrial relations.

Nagarjuna Fertilizers and Chemicals Ltd announced that its Board of Directors, in a meeting held on June 30, 2026, approved the Audited Standalone and Consolidated Financial Results for the fiscal year ended March 31, 2026. The company declared a profit after tax of ₹151.47 Lakhs for the quarter ended March 31, 2026, a significant turnaround from a loss of ₹574.77 Lakhs in the previous year's quarter. For the full year ended March 31, 2026, the company reported a net loss of ₹1,551.45 Lakhs, compared to a net profit of ₹2,42,487.14 Lakhs in the prior year. The company also stated that its financials have been prepared on a 'not a going concern' basis due to the settlement of debt and sale of assets, with no revenue-generating business left.

Nagarjuna Fertilizers and Chemicals Ltd has announced that its Board of Directors will convene on June 30, 2026. The primary agenda item for this meeting is to consider and approve the audited financial results for the fiscal year ending March 31, 2026. The meeting will be held at the company's registered office. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details are available on the company's website.

Nagarjuna Fertilizers and Chemicals Ltd announced that the High Court of Bombay dismissed its appeal filed under Section 34 of the Arbitration and Conciliation Act. The appeal was against an arbitration award in favor of Pipeline Infrastructure Ltd. The company intends to file a further appeal under Section 37 of the Arbitration and Conciliation Act, 1996. This development follows an order dated June 08, 2026, with the intimation received on June 19, 2026.

Nagarjuna Fertilizers and Chemicals Ltd has informed the exchange that it requires an extension for submitting its Audited Financial Results for the year ended March 31, 2026. The company cited unprecedented employee attrition in critical positions due to financial difficulties as the reason for the delay in finalizing the results. The new submission deadline has been extended to June 30, 2026.

Nagarjuna Fertilizers and Chemicals Ltd. has announced a delay in submitting its audited financial results for the year ended March 31, 2026. Originally due by May 30, 2026, the company now expects to finalize and submit the results on or before June 15, 2026. The delay is attributed to significant employee attrition in critical positions due to financial difficulties, which has impacted the preparation and finalization of periodical reporting.

Nagarjuna Fertilizers and Chemicals Ltd has announced the closure of its trading window for transacting in the securities of the company, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct on Insider Trading Regulations. The trading window will be closed from April 01, 2026, and will remain closed till 48 hours after the declaration of the financial results for the year ending March 31, 2026.

Nagarjuna Fertilizers and Chemicals Ltd. has contingent liabilities including matters relating to M/s. Trammo DMCo, in connection with certain purported contracts for purchase of fertilizers. The company has been contesting the enforcement of an International Arbitration Award of USD '16,427,310.80 and GBP 606,628.29 before the Hon'ble High Court of Bombay since 2016. Aggrieved by the High Court's judgment, the company is proceeding with a Special Leave Petition before the Hon'ble Supreme Court of India. The company also filed a Criminal Complaint against the supplier and its officials. A Curative Petition is also being processed in the criminal case.