Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about change in Management
GNFC · price
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Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has informed the exchanges that Shri Sanjeev Kumar, IAS (DIN: 03600655), has resigned as a Director of the company with effect from January 2, 2026 (after close of working hours). His resignation letter was received by the company on January 3, 2026, and submitted under SEBI Listing Regulations. The reason cited is his cessation as Managing Director of Gujarat State Fertilizers & Chemicals Limited (GSFC), following a Government of Gujarat administrative notification dated January 2, 2026. Shri Sanjeev Kumar was a non-executive Director on GNFC's board, effectively a nominee/government-linked director linked to GSFC.
This is a routine change triggered by a Government of Gujarat administrative decision regarding his role at GSFC. Since he was not part of GNFC's executive management, the operational impact on the company is likely minimal, though shareholders may note the change in board composition.