Announced Mon, 3 Nov · 17:56 IST

Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Resignation of Ms Dhananjay V. Joshi & Associates as Cost Auditor of the company w.e.f. November 03, 2025.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has informed stock exchanges that M/s Dhananjay V. Joshi & Associates, Cost Accountants (Pune, Firm Reg. No. 000030), have resigned as the company's Cost Auditor with effect from November 3, 2025. The resignation covers the cost records audit for Financial Year 2025-26. No reason for the resignation has been disclosed by either the firm or the company. The cost auditor's resignation letter has been attached with the intimation filed under SEBI Listing Regulations.

Likely market impact

This is a resignation of the cost auditor (not the statutory auditor or any key management personnel), so the direct financial impact on shareholders is limited. However, GNFC will need to appoint a new cost auditor soon to ensure compliance with cost audit requirements for FY 2025-26.