National Fertilizers Limited has announced a significant change in its board composition with the appointment of Shri Anurag Rohatgi as Additional Director (Government Nominee Director), effective December 19, 2025. The appointment was communicated to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Appointment Details

The appointment follows an official order from the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India. The key details of the appointment are presented below:

Professional Background and Experience

Shri Anurag Rohatgi brings substantial expertise to the National Fertilizers Limited board. Born in September 1970, he holds a Master's degree in Chemistry, providing a strong technical foundation relevant to the fertilizer industry.

Current and Previous Roles

Rohatgi currently serves as Joint Secretary in the Department of Fertilizers, Ministry of Chemical Fertilizers, Government of India. His directorship experience includes:

• Director on the Board of Hindustan Fertilizer Corporation Limited
• Former Additional Director in Hindustan Urvarak Rasayan Limited (HURL)

Areas of Expertise

His work experience encompasses diverse aspects of the fertilizer sector:

• International Cooperation initiatives
• Fertilizer Innovation programs
• P&K Fertilizers operations
• Non-Chemical (Organic) Fertilizers development
• PMKSks and Chintan Shivir programs
• Fertilizers and raw material inputs intelligence
• Institutional Planning and Coordination

Appointment Terms and Conditions

The appointment carries specific terms that align with government nomination protocols:

Regulatory Compliance

The appointment announcement fulfills the company's obligations under SEBI listing regulations, ensuring transparency in board composition changes. National Fertilizers Limited has formally notified both the National Stock Exchange of India Limited and BSE Limited about this board restructuring.

This strategic appointment reinforces the company's governance structure with experienced leadership from the fertilizer sector, combining technical expertise with administrative experience in government fertilizer policy implementation.

National Fertilizers Limited (NFL), a key player in India's fertilizer sector, has reported a narrower loss for the second quarter of fiscal year 2025-26, despite a significant increase in revenue. The company's financial results highlight both challenges and improvements in its operations.

Financial Performance

NFL reported a standalone net loss of ₹10.21 crore for the quarter ended September 30, 2025, showing a significant improvement from the ₹40.84 crore loss recorded in the previous quarter. This reduction in losses indicates the company's efforts to enhance its financial position.

The company recognized subsidy income of ₹901.40 crore for the quarter on DAP & TSP fertilizers based on operational guidelines from the Department of Fertilizers for Kharif 2025.

Half-Year Performance

For the half-year period, NFL's financial results show:

The consolidated results showed a net loss of ₹5.80 crore for the quarter and ₹75.25 crore for the half-year.

Dividend and Strategic Developments

NFL's Board approved a final dividend of ₹1.56 per share for FY 2024-25, which was paid in October 2025, demonstrating the company's commitment to shareholder returns despite challenging financial conditions.

In a strategic move, National Fertilizers entered into a joint venture agreement for Assam Valley Fertilizer and Chemical Company Limited with an 18% equity holding. This partnership could potentially strengthen NFL's market position and operational capabilities in the future.

Outlook

While National Fertilizers has managed to narrow its losses and benefit from subsidy income, the company still faces challenges in achieving profitability. The effectiveness of the joint venture and the company's ability to leverage subsidy support may be crucial for its future performance.

Investors and market observers will likely be watching NFL's strategies to improve its profit margins and capitalize on strategic partnerships in the coming quarters.