Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Resignation of Mr Pankaj Harishchandra Joshi as Non- Executive Director of the company w.e.f. October 31, 2025.
GNFC · price
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Shri Pankaj Joshi, a retired IAS officer, has stepped down as Non-Executive Director and Chairman of GNFC effective October 31, 2025. The resignation follows his superannuation as Chief Secretary to the Government of Gujarat, which was notified on October 28, 2025. He also resigned simultaneously from Chairman/Director posts at seven other Gujarat state entities including GSFC, GSPL, GSPC, Gujarat Gas, GSPL India Gasnet, GSPL India Transco, and Sardar Sarovar Narmada Nigam Ltd. The filing was submitted by Rajesh Pillai, Company Secretary, on November 1, 2025.
This is a routine, expected transition driven by government superannuation rather than any governance or performance concern. As a Gujarat state-promoted entity, a new Chairman is likely to be appointed by the state government; no material disruption to operations or shareholders is anticipated.