Announced Wed, 6 Aug · 18:28 IST

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

Management 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 stock exchanges about two changes to its Board of Directors, both dated August 6, 2025. Shri Bhadresh Mehta, a Chartered Accountant, Company Secretary and Cost Accountant with over 25 years of experience in finance, audit and IT, has been re-appointed as an Independent Non-Executive Director for a second term of three years, from September 27, 2025 to September 26, 2028. In addition, Shri Susanta Kumar Roy, a former NTPC board member with 40+ years of experience in power station operations and construction management, has been appointed as an Additional Director (Independent Category) for a three-year term, from August 6, 2025 to August 5, 2028. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting. Both directors have confirmed they meet SEBI's independence criteria and have not been debarred by any authority.

Likely market impact

This is a routine governance update with no material impact on the stock price. Shareholders will get to vote on both appointments at the upcoming AGM, which is standard procedure.