Nagarjuna Fertilizers and Chemicals Limited has informed that the Company has received communication from Agri Vestors Private Limited (AVPL) on April 02, 2025, that AVPL have acquired 27,17,72,140 shares amounting to 45.4419% of the paid-up capital of the company on March 28, 2025 from Amlika Mercantile Private Limited through Inter-se transfer among qualifying persons.
Awaiting price reaction for this filing.
Agri Vestors Private Limited (AVPL) has acquired 27,17,72,140 shares (45.4419% of paid-up capital) of Nagarjuna Fertilizers and Chemicals Limited from Amlika Mercantile Private Limited. The transaction was carried out on March 28, 2025 as an inter-se transfer among qualifying persons, meaning both entities belong to the same promoter/promoter group. This is an internal reshuffle within the promoter group, so the total promoter holding of the company remains unchanged. The company was informed about this development on April 02, 2025.
No change in overall promoter control as this is only a reshuffle between promoter-group entities. AVPL now becomes the single largest shareholder with a 45.4419% stake, which is just below the 50% majority mark — investors should watch whether further consolidation or changes in control emerge in coming filings.