Chambal Fertilisers Re-appoints Abhay Baijal as MD and Anil Kapoor as Advisor
Team Finance Saathi
06/Feb/2025
What's covered under the article:
- Abhay Baijal reappointed as Managing Director of Chambal Fertilisers for 3 years starting July 2025.
- Anil Kapoor reappointed as Senior Management Advisor for 3 years from August 2025.
- Both appointments subject to shareholder approval and aligned with SEBI LODR regulations.
Chambal Fertilisers and Chemicals Limited, a leader in the Indian fertiliser industry, has announced key leadership changes following the Board of Directors’ meeting on February 6, 2025. The Nomination and Remuneration Committee recommended the reappointment of Mr. Abhay Baijal as Managing Director for a term of three years, effective July 21, 2025, through July 20, 2028. This decision is subject to shareholder approval at the upcoming general meeting.
Mr. Baijal, a seasoned professional, holds a Bachelor’s degree in Mechanical Engineering from Delhi College of Engineering and a Post Graduate Diploma in Management from the prestigious Indian Institute of Management (IIM), Kolkata. His expertise spans the fields of finance, business restructuring, and project financing. With significant experience in the fertiliser sector, Mr. Baijal has been an integral part of Chambal Fertilisers' leadership, contributing immensely to the company’s growth and strategic direction.
In a parallel move, the Board has also approved the reappointment of Mr. Anil Kapoor as Senior Management Advisor, effective August 1, 2025, for a period of three years until July 31, 2028. Mr. Kapoor holds a B. Tech from IIT Delhi and an M.S. in Chemical Engineering from the State University of New York, USA. His leadership journey with Chambal began in 2000, and he served as Managing Director from February 2007 to April 2021. With a deep understanding of the fertiliser industry, Mr. Kapoor continues to provide invaluable advice on business operations, plant management, and strategic initiatives.
Both appointments, set for a period of three years, aim to continue the company’s legacy of growth and market leadership. Mr. Baijal's reappointment as Managing Director will ensure the continued implementation of Chambal Fertilisers' long-term vision, while Mr. Kapoor's advisory role will provide strategic guidance, particularly in operational and business aspects.
Governance and Compliance:
In adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations (LODR), Chambal Fertilisers has made these disclosures to ensure transparency in corporate governance. Both Mr. Baijal and Mr. Kapoor meet all eligibility criteria and are not related to any other Director on the Board. Moreover, they are not debarred from holding their respective positions by any order from the Securities and Exchange Board of India (SEBI) or any other regulatory authority.
The Board of Directors remains committed to upholding the highest standards of corporate governance, and these reappointments are a testament to their strategic vision for Chambal Fertilisers’ sustained growth in the fertiliser and chemical industries.
For investors and stakeholders, these developments signal a continued focus on leadership stability and strategic growth, aligning with Chambal Fertilisers’ ongoing market initiatives. Shareholders are encouraged to stay updated with the company's announcements for further details on the reappointment approval process.
The Upcoming IPOs in this week and coming weeks are Eleganz Interiors, PS Raj Steels, Chandan Healthcare, Ajax Engineering, Hexaware Technologies.
The Current active IPO are Readymix Construction, Solarium Green, Ken Enterprises, Amwill Healthcare,Chamunda Electricals.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.
Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.