NACL Industries Limited
NACL is an established player and they deal in both technicals and formulations and they cater to the Indian market and to the international market as well. They have over 50 products covering all major crops. They have a strong logistic presence and the products are sold in more than 55,000 counters. NACL has become one of the reliable contract manufacturers for major MNCs. NACL exports products to over 30…
What NACL files
- Others87
- Important38
- Updates23
- Board Meeting16
- QIP/Rights/Pref.3
- Credit Ratings2
NACL Industries' board approved divesting its entire stake in associate Nasense Labs for 8.15 Cr to an external buyer. Nasense contributed 135.05 Cr to turnover and 77.42 Cr to net worth, ceasing to be an associate post-sale. The company also approved quarterly financial results.
NACL Industries has received regulatory approval from NSE and BSE to re-classify Algavista Greentech Private Limited out of its Promoter Group. This marks a corporate governance update.
NACL Industries confirms its 249.29 Cr Rights Issue proceeds align with stated objectives, with no deviation in fund utilization observed. Funds are earmarked for debt repayment (104 Cr, 83 Cr for subsidiary) and general corporate purposes (60.71 Cr). Most proceeds were transferred to the escrow account after the reporting quarter.
NACL Industries has applied for the reclassification of M/s Algavista Greentech Private Limited from its Promoter Group to Public Shareholder category. This entity holds 0% of the company's shares, simplifying corporate governance.
NACL Industries board approved Q3 & nine-month financial results. It moved to re-classify promoter group Algavista Greentech, pending exchange nod. Significant funding for wholly-owned subsidiary NACL Spec-Chem: extended Rs 55 Cr loan (7.5% int.) for 2 years and invested Rs 20 Cr via CCDs for growth.