Nagarjuna Fertilizers and Chemicals Limited Faces Penalty from SEBI
Nagarjuna Fertilizers and Chemicals Limited announced on March 25, 2026, that it has been penalized by the Securities and Exchange Board of India (SEBI) in relation to an arbitration award and its disclosure requirements. The company made submissions to the Adjudication Officer, who subsequently levied a penalty of Rs. 1,00,000.The penalty stems from an alleged non-compliance of Regulation 30(3) read with Regulation 30(4)(i)(c) read with disclosure of litigation/dispute read with Regulation 4(1)(h) of the Listing Obligations and Disclosure Requirements (LODR) Regulations, under Section 15A(b) of the SEBI Act, 1992.According to a regulatory filing, the company has...