BSENagarjuna Fertilizers and Chemicals LtdLowNegative
Announced Mon, 29 Sept · 11:37 IST

We wish to inform that Krishak Bharati Cooperative Limited (KRIBHCO) promoters of the Company, have sold 99,996 shares amounting to 0.0167% of the paid up capital of the Company on September 24, 2025.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Krishak Bharati Cooperative Limited (KRIBHCO), a promoter of Nagarjuna Fertilizers and Chemicals, sold 99,996 shares in the open market on September 24, 2025. This represents just 0.0167% of the company's paid-up equity capital. After the sale, KRIBHCO's holding stands at 33,05,338 shares, or 0.55267% of the company. The transaction was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The total equity share capital of the company remains 59,80,65,003 shares.

Likely market impact

The stake reduction is negligible (0.0167%), so it is unlikely to affect the stock price or signal any meaningful change in promoter intent. Retail investors should not read this as a negative signal given the tiny size of the sale.