National Fertilizers files revised FY26 annual report after AGM

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Reviewed by
Naman SScanX News Team
Key Highlights
  • National Fertilizers Limited filed revised FY26 annual report with NSE and BSE
  • Report incorporates C&AG comments as per SEBI Regulation 34(1)(b)
  • Shareholders approved final dividend of ₹1.04 per share at 52nd AGM
  • Board includes new appointments: Shri Megh Nath Goyal and Shri Arvind Kumar
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National Fertilizers Limited has filed its revised Annual Report for the financial year 2025-26 with stock exchanges, following adoption at the company's 52nd Annual General Meeting held on September 22, 2026.

The filing incorporates the Addendum to the Annual Report, specifically addressing comments from the Comptroller & Auditor General of India (C&AG). This submission is made in compliance with Regulation 34(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, superseding earlier communications dated August 26, 2026, and September 7, 2026.

Key resolutions passed at 52nd AGM

During the virtual meeting chaired by Dr. U. Saravanan, Chairman & Managing Director, shareholders approved several ordinary and special business items. The statutory auditors' report remained unqualified, with zero comments from the C&AG on standalone and consolidated financial statements.

Item Resolution Type Details
Financial Statements Ordinary Adoption of audited financials for FY26
Dividend Ordinary Final dividend of ₹1.04 per share
Director Re-appointment Ordinary Dr. U. Saravanan and Shri Mahesh Chander Gupta
New Appointments Ordinary Shri Kuntal Sensarma, Shri Anurag Rohatgi, Shri Megh Nath Goyal, Shri Arvind Kumar
Independent Director Special Appointment of Shri Mahak Singh
Articles of Association Special Adoption of new set of Articles
Borrowing Limits Special Increase in borrowing limits

Board changes and governance updates

The meeting ratified the remuneration of cost auditors for FY27. Several government nominee directors were appointed, including Shri Kuntal Sensarma and Shri Anurag Rohatgi. Additionally, Shri Megh Nath Goyal was appointed as Director (Technical) and Shri Arvind Kumar as Director (Finance). The appointment of Shri Mahak Singh as a Non-Official Independent Director required a special resolution.

Regulatory compliance and reporting

The revised annual report consolidates the initial report and the subsequent addendum regarding C&AG observations. The Company Secretary & Compliance Officer, Ashok Jha, signed the filing digitally, confirming that the document reflects all necessary disclosures required under SEBI listing norms. This ensures that shareholders have access to the complete set of financial disclosures, including any regulatory observations that may impact the interpretation of the FY26 results.

Historical Stock Returns for National Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.18%-2.60%-5.11%-3.86%-32.20%+19.44%

How will the newly appointed government nominee directors influence National Fertilizers Limited's strategic alignment with upcoming national agricultural subsidy policies?

What specific operational efficiencies or capacity expansions are planned to be funded by the increased borrowing limits approved at the AGM?

How might the adoption of the new Articles of Association impact the company's governance structure and future decision-making processes?

National Fertilizers appoints Dassani & Associates, N. K. Bhargava as joint auditors for FY27

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • National Fertilizers appointed Dassani & Associates LLP and N. K. Bhargava & Co. as joint statutory auditors for FY27
  • Appointments were made by the C&AG under Section 139 of the Companies Act, 2013
  • Disclosure was filed with stock exchanges on September 10, 2026
  • The move complies with SEBI LODR Regulation 30 requirements
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National Fertilizers has appointed M/s Dassani & Associates LLP and M/s N. K. Bhargava & Co. as its joint statutory auditors for the financial year 2026-27. The Comptroller and Auditor General of India (C&AG) made the appointments under Section 139 of the Companies Act, 2013.

The company issued a disclosure to stock exchanges on September 10, 2026, confirming the regulatory filing. The move ensures compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profiles

Dassani & Associates LLP is a chartered accountancy firm with over 42 years of legacy. Headquartered in Madhya Pradesh, the firm maintains branches across Delhi, Maharashtra, Bihar, Uttar Pradesh, Rajasthan, Gujarat, Jharkhand, and Chhattisgarh. It is empaneled with the C&AG, Reserve Bank of India, SEBI, and various government departments.

N. K. Bhargava & Co., established in 1978, is headquartered in New Delhi with two branch offices. The firm holds a valid Peer Review certificate and serves clients across banking, insurance, telecom, and public sector undertakings.

Compliance Details

The appointment replaces previous audit arrangements for the upcoming fiscal period. National Fertilizers Limited operates as a Government of India undertaking. The corporate office is located in Noida, Uttar Pradesh.

Historical Stock Returns for National Fertilizers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.18%-2.60%-5.11%-3.86%-32.20%+19.44%

How might the combined expertise of Dassani & Associates and N. K. Bhargava & Co. influence the audit rigor and financial transparency of National Fertilizers for FY 2026-27?

What potential impact could this change in statutory auditors have on National Fertilizers' stock valuation or investor confidence in the short term?

Are there any specific regulatory or compliance challenges in the fertilizer sector that these newly appointed auditors are particularly well-equipped to address?

More News on National Fertilizers

1 Year Returns:-32.20%