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MoU

Memorandum of Understanding (MoU) is a negotiated agreement between Government as owner of public enterprises and the management of the Public Sector Enterprises (PSEs). MoU is meant to measure the Performance of Management of PSE at the end of the year in an objective and transparent manner.

In the search of improving accountability and giving higher operational autonomy to Public Sector Undertaking, the Department of Public Sector Enterprises (DPE) Government of India introduced the concept of Memorandum of Understanding (MoU) in early nineties. The new Industrial Policy of 1991 made it mandatory for all PSUs to enter in to MoU with their respective Administrative Ministries. The MoU over these years has gained significant improvement from the fact that it reflects the company’s overall composite rating and secondly the performance of the Chief Executive of the company is partly seen through MoU. The strengthening of existing system of monitoring PSUs through MoU is an important element of the present policy of the Government.

The Company has signed MoU with DoF for the year 2020-21 on 09th Nov, 2020.

NFL started signing MoU from the year 1991-1992 and has been getting Excellent rating for most of the years. NFL's MoU rating from 1991-92 to 2018-19 is given below

MoU   RATING:

YEAR

RATING

2019-20
Fair (Provisional)
2018-19
Very Good

2017-18

Very Good

2016-17

Good

2015-16

Very Good

2014-15

Very Good

2013-14

Very Good

2012-13

Good

2011-12

Excellent

2010-11

Excellent

2009-10

Excellent

2008-09

Excellent

2007-08

Excellent

2006-07

Excellent

2005-06

Excellent

2004-05

Excellent

2003-04

Excellent

2002-03

Excellent

2001-02

Excellent

2000-01

Excellent

1999-00

Very Good

1998-99

Good

1997-98

Very Good

1996-97

Fair

1995-96

Excellent

1994-95

Excellent

1993-94

Excellent

1992-93

Excellent

1991-92

Excellent


 

What's New

Sign Engagement of legal advisors for disinvestment of up to 20% of paid up equity capital in National Fertilizers Limited (NFL) through “offer for sale (OFS) of shares by promoters through stock exchanges” method– request for proposals manual bids shall not be accepted.
Sign Engagement of merchant bankers and selling brokers for the disinvestment of 20% paid up equity capital in National Fertilizers Limited (NFL) out of GOI shareholding through the “offer for sale by promoters through the stock exchanges” method in the domestic market – request for proposals manual bids shall not be accepted.
Sign NFL provides Cold Storage Equipments for CoVID Vaccine
Sign NFL records ever best Urea Production in third quarter
Sign Proceedings of 46th Annual General Meeting of the Company held on 17th December, 2020
Sign Voting Result of 46th Annual General Meeting of the Company held on 17.12.2020
Sign Expression of Interest for setting up 50 MTPD food grade Ammonium Bi-carbonate Plant
Sign Notice of 46th Annual General Meeting
Sign Annual Report 2019-20
Sign NFL registers steep growth in sale of SSP and Bentonite Sulphur
Sign NFL targets higher Market Share of Fertilizers
Sign Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30.09.2020
Sign Notice - Opening of Trading Window
Sign Intimation regarding convening of 46th Annual General Meeting, closure of register of members & share transfer books and e-voting facility
Sign NFL Observes Vigilance Awareness Week 2020
Sign Notice - Closure of Trading Window - 29.09.2020
Sign Un-audited Financial Results (Standalone and Consolidated) along with Limited Review for the quarter ended 30.06.2020
Sign NFL achieves record fertilizer sale
Sign अध्यक्ष एवं प्रबंध निदेशक महोदय की अपील
Sign NFL records total Fertilizer Sale of 23.81 Lakh MT and production of 16.11 Lakh MT Urea in April -August, 2020
Sign Notification for Refund of Application Fee
Sign Recruitment of experienced technical professionals- 2020
Sign NFL commissions its 2nd Seed Processing Unit at Panipat
Sign Engagement as ‘Research Assistant’ for ICFFTR
Sign Press Release- NFL records all-time high total fertilizers sales of 18.79 LMT in April-July, 2020
Sign NFL records all-time high total fertilizers sales of 18.79 LMT in April-July, 2020
Sign Notice to Shareholders for Updating Email Address and Mobile Number
Sign Audited Annual Financial Results for the Financial year 2019-20
Sign Notice of Board Meeting on 30.07.2020
Sign NFL records all time High Fertilizer Sale of 12.85 LMT in Q1 breaking all previous records
Sign Postponement / Deferment of agenda item relating to consideration and approval of Audited Financial Results for the year ended 31st March, 2020
Sign PRESS RELEASE - MOBILE SOIL TESTING LAB
Sign YOGA DAY Press release.
Sign NFL signs MoU with training institute to skill youth.
Sign Procurement projections for major items (Tentative List for Units/Project) for next 5 years.
Sign Shri V. N. Datt takes over as C&MD, NFL
Sign All Ongoing recruitments of NFL and RFCL are held up due to nation-wide lockdown (COVID-19)
Sign SOP for COVID-19
Sign Disclosure of Information on Fixed Cost

Brief of Interview of C&MD with News Channel