Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Change in Director(s) of the company.
GNFC · price
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Awaiting price reaction for this filing.
The Government of Gujarat has appointed Shri Manoj Kumar Das, IAS, as the new Chairman and Director of GNFC, replacing Shri Pankaj Joshi, IAS (Retd.), effective November 1, 2025. Shri Manoj Kumar Das is the current Chief Secretary to the Government of Gujarat and a 1990-batch IAS officer with a B.Tech in Computer Science from IIT-Kharagpur. He brings extensive administrative experience, having served as District Collector, Municipal Commissioner, and on boards of entities like GSPC and Gujarat State Petronet. Since GNFC is a Gujarat government undertaking, this is a routine government-nominee leadership change and does not affect day-to-day operations, which are handled by the company's Managing Director.
No material impact for shareholders expected — this is a routine change of a government-nominee Chairman in a state PSU, with operational management continuing under the existing Managing Director.