Gujarat State Fertilizers & Chemicals Limited has informed the Exchange about change in Management
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Gujarat State Fertilizers & Chemicals Limited (GSFC) has informed the exchange of a change in its Managing Director. Shri Kamal Dayani, an IAS officer, resigned as Managing Director effective end of 31st July 2025 upon attaining superannuation, and also ceased to be a Key Managerial Personnel. In his place, the Government of Gujarat has ordered that Shri Sanjeev Kumar, a 1998-batch IAS officer currently serving as Principal Secretary (Forests & Environment, Gujarat), will hold additional charge as Managing Director from 1st August 2025. His formal induction is subject to approval by the Nomination and Remuneration Committee and the Board. Sanjeev Kumar brings 27+ years of administrative experience across finance, energy, petrochemicals, and has prior board roles at Gujarat Gas, GSPL, GMDC, GIDC, and other state PSUs.
The transition is a routine government-driven leadership change at a state PSU, with no disruption in operations expected since the new MD takes immediate additional charge. Shareholders should note that strategic continuity is likely, though any policy shifts will depend on Sanjeev Kumar's priorities in fertilizers and chemicals.