Nagarjuna Fertilizers and Chemicals Limited has informed the Exchange about Action(s) initiated or orders passed
Awaiting price reaction for this filing.
Nagarjuna Fertilizers and Chemicals has received a notice from the National Stock Exchange (NSE) dated June 27, 2025, imposing a fine of Rs. 1,41,600 for delay in filing the Report on Related Party Transactions for the half year ended March 31, 2025. The delay occurred because the company filed the XBRL integrated report only on BSE, assuming it would automatically be disseminated to NSE. The company's board had approved its audited standalone and consolidated financial results for FY25 on May 30, 2025. The company has stated it will ensure better compliance with SEBI listing regulations going forward.
The fine of around Rs. 1.42 lakh is very small and unlikely to affect the company's financials materially. However, the lapse flags a weakness in compliance processes for exchange filings, which shareholders should monitor for recurrence.