Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Appointment of Mr Manoj Kumar Das, IAS as Chairman of the company w.e.f. November 01, 2025.
GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GNFC has appointed Shri Manoj Kumar Das, an IAS officer (DIN: 06530792), as Director and Chairman of the company with effect from November 1, 2025. The appointment was approved by the Board through a circular resolution on November 4, 2025, based on the recommendation of the Nomination and Remuneration Committee. The appointment is subject to shareholder approval. The company has confirmed that he is not debarred from holding a directorship by SEBI or any other authority. As a Gujarat state-owned entity, the appointment of an IAS officer as Chairman is in line with the state government's policy of placing senior bureaucrats on PSU boards.
This is a routine government-led leadership change at a state PSU, and is unlikely to have any material impact on the stock or operations in the short term. Shareholders will need to approve the appointment at the next general meeting.