The divestment ministry may call for a second round of financial bids for the sale of the government's 51 per cent stake in National Fertilisers Ltd [ Get Quote ].

The core group of secretaries on divestment, which met on Thursday, was in favour of rebids since the price bids received on September 4 this year from Indo Gulf Corporation, Zuari-Chambal and Kribhco were below the reserve price.

NFL's sale has been hanging fire for two years. The government had last year re-started the process of divestment of the company to encourage wider participation.