Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about Voting Results of Postal Ballot process conducted through Remote e-voting
GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GNFC has announced the results of its postal ballot conducted via remote e-voting from December 3, 2025 to January 1, 2026. Two ordinary resolutions were put to vote among 2,80,985 shareholders: (1) appointment of Shri Manoj Kumar Das, IAS as Director and Chairman, and (2) ratification of remuneration payable to the Cost Auditor for FY 2025-26. On Resolution 1, 96.75% of votes polled (8.73 crore out of 9.02 crore shares) were in favour, with 3.25% against. On Resolution 2, an overwhelming 99.99% of votes were in favour. The promoter group (holding 6.07 crore shares) voted 100% in favour of both resolutions. Both resolutions were declared passed with the requisite majority on January 1, 2026.
Both resolutions passed comfortably, including the appointment of a senior IAS officer as Chairman which signals continued strong government stewardship in the company. This is a routine governance update with no material impact expected on the stock price.