Fertilizers and Chemicals Travancore Limited has informed the Exchange regarding Appointment of Mrs Dr. Aruna Kamineni K as Non- Executive Independent Director of the company w.e.f. May 05, 2025.
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FACT has appointed Dr. Aruna Kamineni K as a Non-Executive Independent Director on its board, effective May 5, 2025. The appointment was notified by the Ministry of Chemicals and Fertilizers via order dated April 17, 2025, for a period of one year or until further orders. Dr. Aruna is a Consultant General and Laparoscopic Surgeon at Venkat Kamineni Hospital in Bellari, with an MBBS and MS from Bellari Medical College and prior leadership roles in the Indian Medical Association. She has also previously served as an Independent Director at HLL Medipark Limited, Chennai. As a government-owned PSU, this appointment is made through the administrative ministry rather than through promoter or board nomination.
This is a routine government-nominated independent director appointment at a PSU and is unlikely to materially impact the stock price or shareholder value. It strengthens board independence in line with SEBI requirements.