Fertilizers and Chemicals Travancore Limited has informed the Exchange about General Updates
FACT · price
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FACT, a government PSU under the Department of Fertilizers, has appointed Shri. Santosh Kumar as a Government Nominee Director on its board, replacing Dr. Tina Soni. Shri. Santosh Kumar is a 2002-batch Indian Civil Accounts Service (ICAS) officer currently serving as Chief Controller of Accounts in the Ministry of Chemicals & Fertilisers, Ministry of Petroleum & Natural Gas, and Ministry of New & Renewable Energy. His appointment is for three years from July 17, 2025, or until his superannuation, whichever is earliest. The change was made by the Ministry of Chemicals and Fertilizers via a government order.
This is a routine government-nominated director change in a central PSU and is unlikely to materially affect the company's operations or stock price. The board continues to reflect government ownership structure with no operational leadership change.