National Fertilizers has informed that due to certain technical reasons, the Urea Plant at Nangal (Punjab) has stopped production from on February 12, 2016. Further, there has been no movement of the stocks from the Unit because of blockade put in by local Truck Operators Union. Since the silo capacity of the plant is limited, Company has decided to keep the unit shut till the blockade put on the movement of the material is shifted. Company has already taken up the issue with State Authorities at the appropriate level. The Company has also filed a Writ Petition with the Hon’ble High Court of Punjab & Haryana seeking necessary relief in this regard.
The above information is a part of company’s filings submitted to BSE.
