Chambal Fertilisers and Chemicals Limited, a leading name in India's chemical and fertilizer manufacturing sector, has announced a major leadership development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has officially appointed Mr. Narinder Goyal as Business Head – Manufacturing Operations, effective July 1, 2025.

This marks a significant return for Mr. Goyal, who was previously associated with Chambal Fertilisers for a remarkable span of over 30 years, from 1992 to 2022. His comeback into the organization is seen as a strategic move to bolster the company’s manufacturing capabilities, ensure operational efficiency, and accelerate future growth projects.

Veteran Leadership With Proven Industry Experience

Mr. Narinder Goyal is a seasoned professional in the chemical and fertilizer sector with an impressive career spanning more than 33 years. He holds a degree in Chemical Engineering from Punjab University, Chandigarh, and a postgraduate qualification in finance, making him a well-rounded leader with a blend of technical and strategic expertise.

He is highly regarded for his deep expertise in project management, plant operations, and execution of large-scale industrial projects, particularly within the nitrogenous fertilizer segment. His leadership philosophy combines cross-functional team building, sustained plant performance, and a strong focus on ESG (Environmental, Social, and Governance) metrics, aligning with the evolving priorities of modern industrial businesses.

Previous Tenure at Chambal and Strategic Role in TAN Project

During his earlier tenure at Chambal Fertilisers, Mr. Goyal played several critical roles, most notably serving as the head of the company’s Technical Ammonium Nitrate (TAN) project. His oversight helped ensure smooth implementation, technical compliance, and performance optimization in this key vertical.

The TAN project was one of Chambal's important diversification and expansion initiatives aimed at aligning with India's industrial and defense-grade requirements. Mr. Goyal's involvement in such a high-impact project reflects his strategic insight and operational leadership.

Recent Stint at Avaada Group and Green Hydrogen Leadership

Post his initial innings at Chambal, Mr. Goyal moved to the Avaada Group, a renewable energy and sustainable solutions conglomerate, where he was responsible for leading new business initiatives in green hydrogen and its derivatives—including green ammonia and green methanol. This aligns with the global thrust toward decarbonization, and his experience in that space is considered invaluable, especially as India ramps up its commitment to clean energy.

His responsibilities at Avaada extended beyond core engineering and included policy advocacy, strategic planning, land acquisition, and the development of global offtake arrangements—marking his presence not only as an engineer but also as a business strategist with international exposure.

Return to Chambal Fertilisers: Strategic Re-induction

Mr. Goyal’s re-appointment is being perceived as Chambal Fertilisers' focused move toward strengthening its core manufacturing base while simultaneously keeping an eye on future-ready initiatives that may involve sustainability, ESG goals, and cleaner processes. The leadership is expected to benefit from his deep institutional memory, combined with external perspectives gained during his time in green hydrogen projects.

This re-induction also signals that Chambal is taking a long-term view of its operations, by placing proven, technically adept, and forward-thinking professionals at the helm of critical functions. Mr. Goyal's experience is not only relevant in plant management but also in navigating policy landscapes, building operational frameworks, and establishing global business networks—skills increasingly vital for India’s large manufacturing enterprises.

Governance Compliance and SEBI LODR Disclosure

The disclosure to both the BSE and NSE was made on July 1, 2025, under the standard regulatory requirement of SEBI LODR Regulation 30, which mandates public listed companies to disclose key developments and appointments involving senior management personnel.

This transparent approach reiterates Chambal’s commitment to corporate governance, providing shareholders, analysts, and the larger market ecosystem with timely and relevant updates on management-level changes.

Organizational Implications and Future Outlook

Chambal Fertilisers is among India’s largest private sector fertilizer producers and has consistently played a key role in supporting agricultural productivity. As the company looks toward modernization of operations, expansion into adjacent sectors, and potential adoption of greener technologies, Mr. Goyal's leadership is expected to significantly boost execution confidence.

His return to Chambal comes at a time when:

• India is accelerating domestic fertilizer production to reduce imports.

• The energy transition toward green hydrogen is picking up regulatory and investment momentum.

• Industries are increasingly expected to demonstrate sustainability-linked operational excellence.

With a blend of legacy knowledge and future-focused innovation, Mr. Goyal's appointment may serve as a catalyst for the next phase of growth at Chambal Fertilisers. His ability to lead multi-disciplinary teams, ensure plant uptime, and handle complex projects positions him as a valuable asset for the company’s senior leadership.

Conclusion

The appointment of Mr. Narinder Goyal as Business Head – Manufacturing Operations, effective July 1, 2025, underscores Chambal Fertilisers and Chemicals Limited’s strategic focus on strengthening its leadership team with highly experienced and industry-recognized professionals.

This move is expected to enhance operational efficiency, strategic alignment, and future readiness, placing Chambal in a strong position as it navigates opportunities across fertilizer manufacturing, green energy innovations, and responsible industrial growth in the years ahead.

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