Nagarjuna Fertilizers and Chemicals Limited has informed the Exchange about General Updates
Awaiting price reaction for this filing.
NSE had issued a notice on June 27, 2025, to Nagarjuna Fertilizers and Chemicals for delayed filing of its Related Party Transaction report under Regulation 23(9) of SEBI LODR Regulations for the half-year ended March 31, 2025. The filing was done on May 30, 2025, with BSE, but the company believed this would automatically be shared with NSE as part of the Integrated Filing, so the delay was not intentional. NSE levied a fine of Rs. 1,41,600 (including 18% GST) for 24 days of non-compliance at Rs. 5,000 per day. The Board met on August 14, 2025, noted the issue, directed management to be more diligent with compliance, and has already filed a waiver application with the exchange.
The fine amount of Rs. 1.41 lakh is small and unlikely to materially affect the company's finances. However, repeated compliance lapses could invite stricter regulatory scrutiny and risk promoter shareholding being frozen if not addressed. Investors should note the company's history of procedural delays in regulatory filings.