NAGAFERTNSENagarjuna Fertilizers and Chemicals LimitedHighNegative
Announced Tue, 14 Jul · 13:02 IST
Company not a going concern, operations discontinued, clarifies to NSE
Regulatory & Legal View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Nagarjuna Fertilizers has informed NSE that after ACRE (Asset Reconstruction Company) settled its debt as secured creditor, no fixed assets or revenue generating business remain. Financials have been drawn as not a going concern with discontinued operations since June 2024. Segment details not submitted and EPS was revised via fresh XBRL filing.
Likely market impact
Critical: company is no longer a going concern with discontinued operations. Serious negative implications for shareholders and stock value.