In continuation to the disclosure of the Company dated May 28, 2025, we wish to inform that the Board of Directors of the Company at their meeting held on May 30, 2025, basis the recommendation ....
Awaiting price reaction for this filing.
The Board of Directors of Nagarjuna Fertilizers and Chemicals Ltd, at its meeting on May 30, 2025, approved the re-appointment of Mr. Rajendra Mohan Gonela as an Independent Director for a second consecutive term of 5 years, effective from May 28, 2025. Mr. Gonela's first 5-year term ended on May 27, 2025. He is a law professional with a Doctorate in Intellectual Property Rights and has held senior roles including Principal Secretary in the Indian Administrative Service (AP cadre) and CEO of Anand Group of Companies. He is not related to any existing Directors, KMPs, or Promoters of the company. The re-appointment is subject to shareholder approval.
This is a routine governance update with no material impact on the stock price. It ensures board continuity as the re-appointed Independent Director has prior experience with the company.