Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Resignation of Mr Kamal Dayani as Non- Executive Director of the company w.e.f. July 31, 2025.
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GNFC has informed the stock exchanges that Mr. Kamal Dayani, an IAS officer (DIN: 05351774), has resigned as Non-Executive Director of the company with effect from the close of business on July 31, 2025. The resignation, submitted via letter dated August 4, 2025, is due to his attaining superannuation and ceasing to be Managing Director of Gujarat State Fertilizers & Chemicals Ltd. He has also stepped down from membership of all Board committees of GNFC. The disclosure has been made under SEBI Listing Regulations, with detailed particulars enclosed in Annexure A and the resignation letter in Annexure B.
This is a routine, non-controversial board change triggered by the director's superannuation. It is unlikely to have any material impact on the company's operations or stock price, as the resignation is part of a natural transition linked to his retirement from a government role.