National Fertilizers CP issuance stood at nil for the quarter ended September 30, 2026, the company said in a BSE filing dated October 5, 2026. The government undertaking also reported no commercial paper issuance during the calendar year from January 1 to September 30, 2026.

The disclosure contains a quarterly certificate to the Issuing and Paying Agent (IPA) on commercial paper. Its issuance statement records a nil total maturity value for the September quarter, with the ISIN, units, issuance date and maturity date marked as not applicable.

Although the BSE headline describes the submission as an intimation of repayment of commercial paper, the supplied certificate reports issuance information and related declarations. It does not identify a specific repayment amount, repayment date or commercial paper instrument that was redeemed.

Bank facilities retain Standard classification

National Fertilizers Ltd certified that the asset classification of its fund-based facilities from banks and financial institutions continued to be “Standard”. This declaration relates to those borrowing facilities; the certificate does not specify their outstanding amounts or name the lenders.

The company also certified that there had been no material change in its financial status that could adversely affect the credit rating of its commercial paper. The supplied document does not state a rating grade or identify a credit rating agency.

These declarations accompany the nil issuance statement. The certificate provides no separate figures for total borrowings, working capital utilisation or other sources of funding.

Other certificate entries marked not applicable

The quarterly certificate marks the following commercial paper declarations as not applicable:

  • Issuance for working capital requirements and use of proceeds for the disclosed purpose.
  • Adherence to other offer-document conditions and commercial paper issuance directions.
  • Absence of related-party investment in commercial paper in the primary or secondary market, based on the beneficial-owner list.

The certificate was signed by Arvind Kumar, Director (Finance), and dated October 5, 2026, at Noida. National Fertilizers is identified in the BSE submission by security code 523630.