Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about change in Management
GNFC · price
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Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has informed the exchanges about a change at the top of its board. The Government of Gujarat, which is the promoter, has appointed Shri Manoj Kumar Das, IAS as Chairman and Director of the company with effect from November 1, 2025. He replaces Shri Pankaj Joshi, IAS (Retd.) who has been the outgoing Chairman. Shri Manoj Kumar Das is a 1990-batch senior IAS officer currently serving as Chief Secretary to the Government of Gujarat. He is a B.Tech (Computer Science) graduate from IIT Kharagpur and has held senior positions including Municipal Commissioner of Surat and Vadodara, Additional Chief Secretary to the Chief Minister, and Joint Managing Director of GSPC. His appointment is subject to approval by the Nomination and Remuneration Committee, the Board, and the shareholders.
This is a routine government-nominee chairman change in a state-owned company, so it is unlikely to have a material impact on the stock price or business operations. The new Chairman brings extensive administrative and governance experience, which may provide continuity in policy execution given the company's strong government linkages.