Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about change in Management
GNFC · price
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GNFC has informed the exchanges that Shri S. J. Haider, IAS (DIN: 02879522) has resigned as Director of the company with effect from December 31, 2025, after the close of working hours. The resignation is on account of his superannuation from IAS service, as per a Government of Gujarat notification dated December 31, 2025. Mr. Haider was serving as Additional Chief Secretary, Energy & Petrochemicals Department, Government of Gujarat, indicating he was a government-nominated Director on the board. The resignation letter was received by the company on January 1, 2026.
This is a routine, expected exit triggered by the director's government superannuation and is unlikely to have any material impact on the company's operations or stock price. The government is likely to nominate a replacement director in due course.