In continuation of the disclosure of the Company dated February 09, 2026, regarding submission of resignation of Mr. Vijaya Gopala Raju, as Executive Director - Operations, we wish to inform ....
Awaiting price reaction for this filing.
Mr. K Vijaya Gopala Raju, Executive Director - Operations of Nagarjuna Fertilizers and Chemicals Ltd, has formally withdrawn his earlier resignation that was submitted on February 9, 2026. Through a communication dated March 27, 2026, the company informed the stock exchanges that he will continue to serve in his current role. This effectively reverses the earlier disclosure of his resignation and restores continuity in the company's operations leadership.
This is a positive development for shareholders as it eliminates a potential leadership void at the operations level. The withdrawal suggests Mr. Raju has reconsidered his decision, bringing stability to the company's executive team. There is likely to be minimal stock price impact since the prior resignation had not yet resulted in a permanent exit.