Fertilizers and Chemicals Travancore Limited has informed the Exchange regarding Cessation of Dr. Tina Soni as Government Nominee Director of the company w.e.f. May 12, 2025.
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Dr. Tina Soni, Government Nominee Director on the board of FACT, has ceased to be a director with effect from May 12, 2025. She was serving as Joint Secretary in the Department of Fertilizers, Government of India, and her exit is due to the completion of her Central Deputation tenure. The change was communicated to the company by the Ministry of Chemicals and Fertilizers based on an order dated February 18, 2025. As a government PSU under the Department of Fertilizers, board appointments and cessations follow the ministry's directives. No replacement has been mentioned in this filing.
This is a routine administrative transition for a government nominee seat and is not expected to materially impact FACT's operations or stock price. FACT may see a new government nominee director appointed in due course from the Department of Fertilizers.