Shareholders meeting

.. ... ~~TGf(Yf ~ NATIONAL FERTILIZERS LIMITED "Q'5"RiCiI$"1'lf (AGov!.OfIndiaUndertaking) (3IR<I :;rtIl5<Jl) ma;R "" corpcrtateOffice:A-II.sector-ze,Noida-201301, 1IJ,.q)~e ~ : '1-11, ~-24, ~ - 201301 ~ -.fto'I :Jlf 'ITR (i3.11.)• Oislt.GautamBudhNagar(U.P.) 'lY"'" : 01202012294,2412445, ~ : 0120-2412397 Ph.:0120-2412294.2412445. Fax:0120-2412397 Ref. No. NFUSEC/SE/2369 Dated' 01102026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Corporate Relationship Department, C-1, Block-G, Bandra Kurla 1st Floor, New Trading Wing, Rotunda Complex, Sandra (E), Building, Phiroze Jeejeebhoy Mumbai-400051 Towers, Dalal Street,Mumbai- 400001 NSE Symbol- NFL BSE Scrip Code -523630 ~iffit)·U1 cetlUlI <t>Fl41~c ~fumrr, ~-1, ~-ufi, m;:sa"Wffi <t>1OQ~ iffi rcrt trn,~~f<PT, ~fafWr m;:sa(~, ~-400051 flp;('1UI ufiufim-{iTeR, Sub: Minutes of 52nd Annual General Meeting of National Fertilizers Limited held on 22.09.2026. Dear Sir, Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find attached copy of Minutes of 52nd Annual General Meeting of the Company held on Tuesday, 22nd September, 2026 through Video Conferencing (VC) or Other Audio Visual Means (OAVM) foryour reference and record. Thanking you / ~O<lqIG, mrcftl:J. Yours faithfully/ For National Fertilizers Limited/ i'!'1Ha "Q)fla (3Pffiq;-~ (Ashok Jha)/ Company Secretary & Compliance Officer/ c$"q;fi Encl: As above. - ""ql..q :~ ifii~iffi. i!>R~II, 7. ~ ...<!l",'1.~ 'Iftm -.lTdI m,~ ~ -: 110003. ~ : 011-24361252. $ff·i°: 011-24361553 Office ' Scope Complex Core-11I 7 InstitutionalArea. LodhiRoad.NewDelhl-110003.Tel.: 011-2436@1252.'Fax I1-24361553 . - . ' , . f '1' .., natronalfertI1lzers CIN:L74899DLl974GOI007417 Website: http://wwW.natlonalertllzers.com •• Minutes of 52nd . Annual General Meeting of National Fertilizers Limited (CIN No:L74899DL 1974GOI007417) held on Tuesday, 22nd September, 2026 Ai\!I;~Uffil~~®liiill~hrough Video Conferencing (VC) or Other Audio Visual Means (OAVM). Present Dr. U. Saravanan, Chairman & Managing Director Shri Mahesh Chander Gupta, Director (Marketing) Shri Megh Nath Goyal, Director (Technical) Shri Arvind Kumar, Director (Finance) & CFO Shri Kuntal Sensarma, Govt. Nominee Director ·shri Anurag Rohatgi, Govt. Nominee Director Ms. Pinky Pradhan, Independent. ·Director & Chairperson of Audit Committee, Nomination & Remuneration Committee and Corporate Social Responsibility & Sustainable DevelopmenfCommittee of the Company. Shri Mahak Singh, Independent Director & Chakperson of Risk Management . Committee and Stakeholders Relationship Committee of the Company. · Shri Ashok Jha, Company Secretary. Invitees Statutory Auditors CA Churchill Jain, M/s. Dassani & Associates, Chartered Accountants CA Tarun Kumar Batra, M/s RSPH & Associates, Chartered Accountants Lead Cost Auditors CMA Meena Vaidy~, M/s. Dhananjay V. Joshi & Associates, Lead Cost Auditors Secretarial Auditors Shri Sachin Agarwal, M/s. Agarwal S. & Associates, Practicing Company Secretaries, (CP No.27503) $ecretarial Auditors for the Financial Year 2025-26. Scrutinizer Shri Pramod Kothari, M/s. Pramod Kothari· & Co., Practicing Company Secretaries (CP No.11532). C~AUiF~ COI'V e:I~W· (-q."tl! .t"{~iA41 oo) Members IJ' .. t ~ O:o J 88 Members including Shri Anurag Rohatgi, Joint Secretary, Department of Fertilizers, ~bt.'l®•lllm©@®~~u\PS Representative of Hon'ble President of India were present through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Chairman of the Meeting Pursuant to Article 53 of the Articles of Association of the Company, Dr. U. Saravanan, Chairman & Managing Director took the Chair. Opening Company Secretary extended a warm welcome to the Members at 52nct Annual General . Meeting (AGM) of the Company. At the outset, National Song and National Anthem were played. Company Secretary introduced Chairman, Directors sitting on the dais and Directors attending through Video Conferencing (VC) or. Other Audio Visual Means (OAVM). Company Secretary acknowledged the presence of Representative of Hon'ble President of India. Company Secretary also acknowledged the presence of Statutory Auditors, Lead Cost Auditors, Secretarial Auditors and Scrutinizer for conducting remote e-voting and e-voting at the AGM through VC/OAVM. Company Secretary informed that in compliance with Circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India, this meeting was being conducted through video conferencing or other audio visual means withput the physical presence of members at a common venue. Company Secretary further informed that Members, who had cast their vote through remote e-voting which was made available from 9:00A.M. on Thursday, September 17, 2026 and ended at 5:00 P.M. on Monday, September 21, 2026, would not be entitled to· cast their vote again. Further, the facility fore-voting was also made available during the Meeting for Members who had not cast their vote through remote e-voting and present at the AGM. CEmTIFI~ COPY el~iffi"· Quorum [ l ~J IJ' ·[ S \ Upon confirmation by the Company Secretary that the quorum for. the meeting was /Afllll®~~@@!iiii:~.JDresent as required under the Companies Act, 2013 read with Circulars issued by MCA, Rules made thereunder and Secretarial Standards, Chairman called the Meeting to order. Chairman extended a very warm and hearty welcome to the Members at the 52nd Annual General Meeting. The requisite Quorum was present throughout the meeting. Documents available for Inspection Statutory Registers and other documents were made available for inspection of · Members through electronic mode. Notice convening the Meeting With the consent of the Members present, the Notice convening the 52nd Annual General Meeting (AGM) together with the Board Report, Auditors Report and other documents thereon having already been circulated to the Members, were taken as read. Auditors' observations Company Secretary informed the. Members that the Auditors· Report on Audited Financial Statements including Consolidated Financial Statements for. the financial year 2025-26 did not contain any qualificat[ons and their report was Unmodified I Unqualified. Comptroller & Auditor General of India (C&AG) had made "Nil/Zero" comments on the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March 2026. Company Secretary also read out the comments of M/s. Agarwal S. & Associates, Practicing Company Secretaries in their Report on Compliance Certificate on Corporate Governance and Secretarial Audit Report along with Secretarial Compliance Report with Management's Explanation thereon as mentioned at Page Number 136 to 139 and Page · Number' 157 to 178 of the Annual Report respectively. Chairman's Address Chairman in his address to the shareholders inter-alia spoke about the economic and Industry scenario under which the Company was operating, challenges faced, performance of the company during the year 2025-26 and future road map. 131 !ffi· (t:t.~.tffi.-14100) I 102/ I Chairman stated that during FY 2025-26, geopolitical tensions in the Middle East·. GZJI:? created significant uncertainty in global fertilizer and energy markets. The disruption ~!Mr&~mJ ©~w§lffected international prices· of natural gas, ammonia, urea and phosphatic fertilizers, while also increasing freight and logistics costs. However, proactive measures by the Government of India, including strategic inventory build~up, timely imports and prioritization of gas supplies to fertilizer manufacturers, helped to ensure adequate fertilizer availability during the year. The Indian fertilizer sector continued to play a pivotal role in ensuring food security and enhancing agricultural productivity. Favourable monsoon conditions across most regions, improved reservoir levels and continued Government support through various agricultural schemes con [Showing first 8,000 characters — download PDF for full document]