National Fertilizers Limited has informed the Exchange regarding Cessation of Mr Shri Jyoti Bhramar Tubid as Non- Executive Independent Director of the company w.e.f. April 21, 2025.
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Mr. Shri Jyoti Bhramar Tubid has ceased to be a Non-Executive Independent Director of National Fertilizers Limited with effect from April 21, 2025. The company has informed the stock exchange about this change in board composition. No reason for the cessation has been disclosed in this filing. This reduces the count of independent directors on the board by one.
A single independent director exit is a routine board change and unlikely to materially affect the stock price. Shareholders should watch for the appointment of a replacement to ensure the board continues to meet minimum independent director requirements under SEBI norms.