Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has announced significant leadership changes, appointing Dr. T. Natarajan, IAS as the Managing Director and Key Managerial Personnel, and Shri Pankaj Joshi, IAS as the Director and Chairman of the company. The decision was finalized during a board meeting held on February 14, 2025, following recommendations from the Nomination and Remuneration Committee.

Leadership Appointments at GNFC

The company, listed on both BSE (Scrip Code: 500670) and NSE (Symbol: GNFC), has taken these strategic steps to enhance its corporate governance and operational efficiency. Dr. T. Natarajan's appointment as Managing Director is effective February 5, 2025, while Shri Pankaj Joshi assumed the role of Chairman on February 6, 2025.

GNFC, a prominent player in the fertilizer and chemical industry, aims to strengthen its leadership structure with these appointments. The decision aligns with the company’s long-term vision to boost its financial performance, operational growth, and strategic direction.

Compliance with SEBI Regulations

The appointments comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and adherence to corporate governance norms. GNFC has confirmed that both Dr. T. Natarajan and Shri Pankaj Joshi meet all regulatory requirements and are not debarred by SEBI or any other authority from holding their respective positions.

The company had previously intimated stock exchanges about these changes via letters dated February 5, 2025, and February 7, 2025. These notifications were part of the regulatory disclosures under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Impact on GNFC’s Growth and Strategy

The new leadership at GNFC is expected to drive business expansion, operational efficiency, and shareholder value. With Dr. T. Natarajan bringing expertise in industrial and economic policies, and Shri Pankaj Joshi providing strategic direction, GNFC is poised for accelerated growth in the fertilizer and chemical sectors.

Investors and stakeholders can expect continued corporate governance improvements and strategic investments under the new leadership, reinforcing GNFC’s commitment to sustainable growth and operational excellence.

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