National Fertilizers Limited conducted its 52nd Annual General Meeting (AGM) on Tuesday, 22nd September, 2026 at 02:30 PM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM) without physical presence of members, in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities Exchange Board of India (SEBI).
Dr. U. Saravanan, Chairman & Managing Director, chaired the meeting. The Company Secretary confirmed that the requisite quorum was present as per the Companies Act, 2013.
Remote E-Voting Process
The company offered remote e-voting facility to members from Thursday, 17th September, 2026 (9:00 AM) to Monday, 21st September, 2026 (5:00 PM). Additional e-voting facility was available during the AGM for members who had not voted remotely.
Agenda Items and Resolutions
The following business items were presented for shareholder approval:
Ordinary Business:
1. To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements for the financial year ended 31st March, 2026, together with Board's Report, Auditors' Report, and comments of the Comptroller & Auditor General of India - Ordinary Resolution
2. To declare final dividend of ₹1.04 per equity share for the financial year ended March 31, 2026 - Ordinary Resolution
3. To reappoint Dr. U. Saravanan (DIN: 07274628) as Director retiring by rotation - Ordinary Resolution
4. To reappoint Shri Mahesh Chander Gupta (DIN: 10996394) as Director retiring by rotation - Ordinary Resolution
5. To authorize the Board to fix remuneration of Statutory Auditor(s) - Ordinary Resolution
Special Business:
6. To ratify remuneration of Cost Auditors for financial year ending March 31, 2027 - Ordinary Resolution
7. To appoint Shri Kuntal Sensarma (DIN: 07626530) as Government Nominee Director - Ordinary Resolution
8. To appoint Shri Anurag Rohatgi (DIN: 09774170) as Government Nominee Director - Ordinary Resolution
9. To appoint Shri Megh Nath Goyal (DIN: 11368108) as Director (Technical) - Ordinary Resolution
10. To appoint Shri Arvind Kumar (DIN: 11709375) as Director (Finance) - Ordinary Resolution
11. To appoint Shri Mahak Singh (DIN: 11758224) as Non-Official Independent Director - Special Resolution
12. To adopt New set of Articles of Association - Special Resolution
13. To increase borrowing limits of the Company - Special Resolution
14. To approve creation of charges, mortgages, hypothecation on immoveable and moveable properties under Section 180(1)(a) of Companies Act, 2013 - Special Resolution
Meeting Proceedings
The Chairman delivered an address reviewing company performance for 2025-26. Statutory Registers were available for inspection electronically. The Auditors' Report was unqualified, and C&AG had zero comments on the Audited Financial Statements. Observations of Secretarial Auditor on Compliance Certificate were read with management explanations.
Members registered as speakers raised queries about company financials/operations, which were addressed by the Chairman. Shri Pramod Kothari of M/s. Pramod Kothari & Co., Company Secretaries, was appointed as Scrutinizer to scrutinize the remote e-voting and e-voting at AGM.
The e-voting facility remained open for 15 minutes after the conclusion of AGM. Results were to be informed to Stock Exchanges and posted on company website and NSDL within two working days.
The meeting concluded at 03:57 PM. Director (Marketing) offered vote of thanks to all participants.
Compliance Confirmation
The meeting was confirmed to have been conducted in accordance with Companies Act, 2013, relevant MCA and SEBI circulars, and Secretarial Standards issued by ICSI.