National Fertilizers Limited Holds 52nd AGM, Approves Dividend and Director Appointments
National Fertilizers Limited's 52nd AGM approved a final dividend of ₹1.04 per share for FY 2025-26. The company reported a Profit Before Tax of ₹232.67 crore, up 124% YoY, and a turnover of ₹21,230.67 crore. Key appointments included new directors, and significant project updates were shared, including a JV for a ₹10,601 crore Assam project.
The AGM covered critical aspects like financial results, dividend declaration, board appointments, and significant capital expenditure projects, which have a high impact on the company's future outlook and investor sentiment.
The announcement details strong financial performance, dividend declaration, and strategic growth initiatives, all of which are positive indicators for the company.
National Fertilizers Limited (NFL) held its 52nd Annual General Meeting (AGM) on September 22, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting commenced with the national anthem and introduction of the Chairman, Directors, and other key attendees, including representatives from the Ministry of Corporate Affairs and Securities and Exchange Board of India.
The AGM focused on reviewing and adopting the Audited Financial Statements, including Consolidated Financial Statements, for the financial year ended March 31, 2026. The Comptroller & Auditor General of India reported 'Nil/Zero' comments on these statements. A final dividend of ₹1.04 per equity share for the financial year ended March 31, 2026, was declared.
Key business transacted included the appointment of directors. Dr. U. Saravanan and Shri Mahesh Chander Gupta were re-appointed as Directors after retiring by rotation. Shri Kuntal Sensarma and Shri Anurag Rohatgi were appointed as Government Nominee Directors. Shri Megh Nath Goyal was appointed as Director (Technical), and Shri Arvind Kumar as Director (Finance). Shri Mahak Singh was appointed as a Non-Official Independent Director for a term of three years. The Board was authorized to fix the remuneration of Statutory Auditors, and the remuneration of Cost Auditors for FY 2027 was ratified. Additionally, shareholders approved the adoption of a new set of Articles of Association, an increase in the company's borrowing limits, and the creation of charges on the company's properties.
During the Chairman's address, it was highlighted that NFL achieved a Profit Before Tax of ₹232.67 crore in FY 2025-26, a 124% increase from the previous year. The company registered a turnover of ₹21,230.67 crore and sold 65.20 LMT of fertilizers. Significant growth was also reported in Agro-Chemicals, Potash Derived from Molasses (PDM), Seaweed Granules, and Industrial Products. The company is also involved in a Joint Venture for the Namrup-IV brownfield Ammonia-Urea Complex in Assam with an estimated CAPEX of ₹10,601.40 crore, where NFL will hold an 18% stake. Other initiatives include setting up a Bentonite Sulphur Plant, expanding the Bio-fertilizer Plant, exploring a urea production facility in Russia, and installing rooftop solar PV power plants across its units. The company also launched Direct Sales Centres named 'Kisan Dhan' and maintained its commitment to CSR activities with a budget of ₹537.98 Lakh for FY 2025-26.
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National Fertilizers Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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