National Fertilizers Limited has informed the Exchange regarding Cessation of Shri Rabi Ranjan Sen as Non- Executive Independent Director of the company w.e.f. May 05, 2026.
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National Fertilizers Limited has informed the exchanges about the cessation of two Non-Official Independent Directors from its Board. The tenures of Shri Jyoti Bhramar Tubid (DIN: 02442295) and Shri Rabi Ranjan Sen (DIN: 09400040) were completed on May 4, 2026, and both directors ceased to be part of the Board effective May 5, 2026. The company issued this notification under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. This appears to be a routine completion of fixed-term appointments for independent directors. The filing was signed by Ashok Jha, Company Secretary.
The simultaneous departure of two independent directors reduces board independence and may require the company to appoint replacements to comply with SEBI mandated board composition norms. Shareholders should monitor for upcoming appointments of new independent directors.