Gujarat Narmada Valley Fert & Chem Share Price Today

GNFC initiates postal ballot for Sanjeev Kumar's appointment as MD

Postal ballot initiated for Sanjeev Kumar's appointment as Managing Director. Voting open from October 7 to November 5, 2026, via remote e-voting. Kumar assumes role until further orders from Government of Gujarat, max 5 years. No remuneration payable by company; pay drawn from Government of Gujarat. Appointed Chairman of Human Resource Development Committee and member of Audit Committee.

GNFC shareholders approve dividend, board changes at 50th AGM

All six resolutions at GNFC's 50th AGM were approved by shareholders. Promoters voted 100% in favor across all agenda items. Dividend declaration for FY26 secured 99.99% support from polled votes. Dr. T. Natarajan reappointed as director despite 16.79% opposition from institutions. Total voting turnout reached 61.67% of outstanding shares.

GNFC assigned ESG rating of 47 by ESG Risk Assessments

GNFC received an ESG rating of 47 in the Adequate category. Rating assigned independently by ESG Risk Assessments & Insights Limited. Company disclosed it did not engage the rating agency. Intimation filed under Regulation 30 of SEBI LODR Regulations.

Gujarat Narmada Valley Fert & Chem declares ₹21 dividend at 50th AGM

Final dividend of ₹21 per equity share approved for FY26. 50th AGM held via video conference on September 16, 2026. Sanjeev Kumar assumes additional charge of Managing Director. Statutory auditors issue unmodified reports on FY26 financials. Prof. Mamata Biswal appointed as independent director.

GNFC appoints Sanjeev Kumar as managing director effective September 9

Sanjeev Kumar appointed MD effective September 9, 2026. Board approved appointment on September 16, 2026. Replaces Rajkumar Beniwal who resigned on September 9. Kumar is a 1998-batch IAS officer from Gujarat cadre. Tenure subject to five-year maximum limit.

GNFC appoints B S R and Co as statutory auditors for five years

Shareholders approved M/s. B S R and Co. as statutory auditors for five years. Term runs from conclusion of 50th AGM to conclusion of 55th AGM. Appointment follows recommendations from Audit Committee and Board. Disclosure made compliant with SEBI Master Circular guidelines.