Announced Mon, 4 Aug · 16:14 IST

Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Change in Director(s) of the company.

Kmp ResignedManagement Changes View source PDF

GNFC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GNFC has informed the exchanges that Shri Kamal Dayani, IAS (DIN: 05351774) has resigned as a Director of the company, effective from the close of business hours on July 31, 2025. The resignation follows his superannuation as Managing Director of Gujarat State Fertilizers & Chemicals Ltd. (GSFC), a separate state PSU. He has also stepped down from all board committees of GNFC. The resignation letter was formally submitted on August 4, 2025, and the filing has been made under SEBI Listing Regulations.

Likely market impact

This is a routine, non-controversial board change triggered by the director's retirement from a government role at another state-owned entity. No material impact on the company's operations or financials is expected, though the board will need to fill the vacancy going forward.