Intimation pursuant to Regulation 30 read with Schedule IlI of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) regarding approval for setting up of Bentonite Sulphur (BS) Plant At NFL, Vijaipur.
NFL · price
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On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 4.2 pts more than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of National Fertilizers Limited (NFL), in its meeting on 13th February 2026, gave in-principle approval for setting up a new Bentonite Sulphur (BS) plant at its Vijaipur unit. The proposed plant will have an annual capacity of 25,000 Metric Tonnes Per Annum (MTPA), and the estimated project cost is Rs. 104.03 crores. This is a completely new addition as NFL currently has no BS production capacity at the Vijaipur unit. The company stated the rationale is to cater to increasing demand. The project is at an initial stage, with mode of financing yet to be decided.
This is a positive development as it signals capacity expansion and entry into a new product line (Bentonite Sulphur) at Vijaipur, which could support future revenue growth. However, only in-principle approval has been granted, so execution timeline, funding plan, and actual returns are not yet clear, limiting immediate impact on the stock price.