We wish to inform that the Fixed Term Employment of Mr. R. M. Deshpande, Sr. Executive Director - Operations, is ending on December 31, 2025.
Awaiting price reaction for this filing.
Nagarjuna Fertilizers and Chemicals Ltd has informed exchanges that Mr. R. M. Deshpande, Sr. Executive Director - Operations, will end his fixed term employment on December 31, 2025. He had submitted his resignation on November 10, 2025 citing medical and health reasons, but agreed to stay on until the end of his contract. The disclosure was made under SEBI Listing Regulations and signed by the Company Secretary on December 29, 2025. No successor has been announced in this filing.
This is a planned, orderly exit of a senior operating executive due to health reasons and not an abrupt departure, so it should have limited near-term impact on the stock. Investors may watch for clarity on a successor appointment and continuity of the operations function.