Nagarjuna Fertilizers and Chemicals Limited has informed the Exchange about Share Purchase Agreement dated March 28, 2025, for the sale and purchase of 27,17,72,140 shares comprising of 45.4419% between Amlika Mercantile Private Limited (Seller) and Agri Vestors private limited (Acquirer) (inter'se transfer among qualifying persons).
Awaiting price reaction for this filing.
Nagarjuna Fertilizers and Chemicals has informed the exchange about a Share Purchase Agreement dated March 28, 2025, for the transfer of 27,17,72,140 equity shares, representing 45.4419% of the company's paid-up capital. The shares will be sold by Amlika Mercantile Private Limited (Seller) to Agri Vestors Private Limited (Acquirer). The transaction is described as an 'inter-se transfer among qualifying persons,' indicating that both the seller and the acquirer belong to the same promoter/promoter group. As the transfer is among qualifying persons within the promoter group, the overall promoter shareholding in the company remains unchanged — only the holding pattern among promoter group entities shifts. Such inter-se transfers are generally exempt from the open offer trigger under SEBI Takeover Regulations, provided the prescribed conditions are met.
This is an internal reshuffle within the promoter group and does not alter total promoter ownership or trigger an open offer for public shareholders. Investors should monitor for any follow-up disclosures regarding the change in the promoter group's beneficial ownership structure.