GNFCNSEGUJ NAR VAL FER & CHEM L· FertilisersCriticalNegative
Announced Thu, 10 Sept · 18:27 IST

GNFC Managing Director change: Sanjeev Kumar replaces Rajkumar Beniwal

Ceo ResignedCeo Appointed ExternalKmp ResignedManagement Changes View source PDFExplain this filing

GNFC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹570.00
prior close
₹564.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.2-0.3-0.7-5.2-5.4+2.6+3.0+3.9
Up moveDown movePending
AI summary

GNFC's Managing Director Rajkumar Beniwal, IAS has ceased to be MD from September 9, 2026, following a Government of Gujarat transfer order dated September 5, 2026. Sanjeev Kumar, IAS, currently Principal Secretary to the Gujarat Chief Minister (1998-batch IAS, IIT Kharagpur alumnus with over 27 years experience), has taken over as MD with additional charge until further orders. His appointment will be formally placed before the NRC and Board for approval. GNFC is a Gujarat state-owned PSU.

Likely market impact

Routine government-driven leadership change at a state PSU. No immediate business impact expected; formal Board approval pending.