Announced Wed, 13 Aug · 16:31 IST

Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding 'Business Responsibility & Sustainability Report for Financial Year 2024-25'.

GNFC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) submitted its mandatory Business Responsibility & Sustainability Report for FY 2024-25 to the stock exchanges on August 13, 2025, as required under SEBI's Regulation 34(2)(f). The company reported a turnover of ₹7,892 Crores and a net worth of ₹8,452 Crores, operating through two main segments: Chemicals (62% of turnover) and Fertilizers (37%). Key products include Ammonium Nitro Phosphate (98% of total turnover), Acetic Acid, Formic Acid, Aniline, and Toluene Di-Isocyanate (TDI). GNFC is the only producer of Acetic Acid and Formic Acid in India and the sole manufacturer of TDI in Southeast Asia. The company employs 2,395 permanent employees and 2,499 contract workers, with 11% female representation on the Board. Notable sustainability initiatives include planting over 1.02 lakh trees using the Miyawaki method, 55 groundwater recharge wells, and 42% green belt coverage across plant premises. The company holds ISO 9001, 14001, 45001, and 50001 certifications, reported zero fines or penalties under NGRBC principles, and recorded 91 shareholder complaints (mostly queries) compared to 74 in the previous year.

Likely market impact

This is a routine annual regulatory disclosure required as part of the company's Annual Report and is unlikely to have a direct impact on the stock price. It reinforces GNFC's compliance with SEBI's ESG reporting requirements and highlights its leadership position in niche chemical products. Shareholder complaints rose modestly year-on-year but were mostly information requests, not grievances, indicating no material governance concerns.