Nagarjuna Fertilizers and Chemicals Limited has informed that Krishak Bharati Cooperative Limited (KRIBHCO), promoters of the Company, have sold 99,996 shares amounting to 0.0167% of the paidup capital of the company on September 19, 2025.
Awaiting price reaction for this filing.
Krishak Bharati Cooperative Limited (KRIBHCO), a promoter of Nagarjuna Fertilizers and Chemicals Limited, sold 99,996 shares (0.0167% of paid-up capital) on September 19, 2025, through the open market. After the sale, KRIBHCO holds 35,80,327 shares, which is 0.59865% of the company's paid-up equity capital. The total equity share capital of the company remains unchanged at approximately 59.81 crore shares. The disclosure was made under SEBI's Takeover Regulations and Insider Trading Regulations, and the company received the intimation from KRIBHCO on September 26, 2025.
The sale is very small in size and unlikely to materially affect the stock price. However, it confirms that KRIBHCO's promoter-level holding in the company has dropped to less than 1%, signalling that the company's promoter base is largely disengaged from equity ownership.