Quarterly certificate to IPA on Commercial Paper for the quarter ended 31.03.2025.
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National Fertilizers Ltd has submitted a quarterly certificate to BSE regarding its Commercial Paper (CP) activity for the quarter ended 31 March 2025. The company confirms that no Commercial Papers were issued during the quarter — issuance value is NIL. The company also certifies that its existing fund-based facilities from banks and financial institutions continue to be classified as 'Standard', with no material change in financial status that could affect its credit rating. Total CP issuance for the calendar year up to 31 March 2025 was also NIL. The certificate is signed by Hira Nand, Director (Finance).
This is a routine compliance filing with no material impact on shareholders — the company simply confirms it neither issued nor had any outstanding Commercial Papers during the quarter, suggesting low short-term debt reliance.