Announced Fri, 26 Sept · 17:44 IST

Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Cessation of Mr NARASIMHAN RAVICHANDRAN as Non- Executive Independent Director of the company w.e.f. September 26, 2025.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has informed the exchanges that Dr. N. Ravichandran (DIN: 02065298) ceased to be a Non-Executive Independent Director of the company with effect from the close of business hours on September 26, 2025, upon completion of his term. The Board and Management have recorded their appreciation for his contributions during his tenure. The intimation has been made under Regulation 30 of the SEBI Listing Regulations, with detailed particulars provided in Annexure A.

Likely market impact

This is a routine governance event — the exit is due to natural completion of tenure, not resignation mid-term or any governance concern. Shareholders should expect the company to appoint a new Independent Director in due course to fill the board vacancy and maintain compliance with SEBI's board composition requirements.