FACT appoints Niranjan Sonak as Director (Marketing) for 3 months
Fertilisers and Chemicals Travancore Limited appointed Shri Niranjan Suryabhan Sonak as Director (Marketing) for three months effective July 6, 2026, subject to ACC approval. This follows the cessation of Shri Anupam Misra, who stepped down on July 1, 2026, to assume the role of Chairman & Managing Director at Hindustan Copper Limited.
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The Fertilisers and Chemicals Travancore Limited has appointed Shri Niranjan Suryabhan Sonak as Director (Marketing) for a period of three months. The appointment is effective from July 6, 2026, or until a regular incumbent joins the post, whichever is earlier. Shri Sonak holds the additional charge of this position while serving as Director (Marketing) at Rashtriya Chemicals and Fertilizers Limited. This transition follows the cessation of Shri Anupam Misra, who was relieved from his duties at Fertilisers and Chemicals Travancore Limited on June 30, 2026, following his appointment as Chairman & Managing Director of Hindustan Copper Limited by the Government of India.
The Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India, issued Order No. 86/1/2010-HR-I (e-14268) on July 6, 2026, entrusting the additional charge to Shri Sonak. The appointment is subject to the approval of the Accident Compensation Commission (ACC). Shri Sonak holds a B.Tech. in Chemical Engineering, a Post Graduate Diploma in Marketing Management (PGDMM), and is a Certified Energy Manager accredited by the Bureau of Energy Efficiency (BEE), Government of India.
Details of Appointment
| Requirement | Disclosure |
|---|---|
| Reason for Change | Appointment of Shri. Niranjan Suryabhan Sonak (DIN: 10926090) as Director (Marketing) on the Board of FACT for a period of 3 months from the date of assumption of charge on the post or till regular incumbent joins the post or until further orders, whichever is earliest, subject to the approval of ACC |
| Date of Appointment | Department of Fertilizers, Ministry of Chemicals and Fertilizers, Govt. of India, vide Order No. 86/1/2010-HR-I (e-14268) dated 06th July, 2026 has entrusted the additional charge of the post of Director (Marketing) to Shri. Niranjan Suryabhan Sonak (DIN: 10926090), Director (Marketing), RCFL for a period of 3 months from the date of assumption of charge (06-07-2026) of the post or till regular incumbent joins the post or until further orders, whichever is earliest, subject to the approval of ACC |
| Brief Profile | Shri. Niranjan Sonak holds a B.Tech. in Chemical Engineering, a Post Graduate Diploma in Marketing Management (PGDMM), and is a Certified Energy Manager accredited by the Bureau of Energy Efficiency (BEE), Government of India. |
Consequent to the cessation of Shri Anupam Misra (DIN: 07637439), he is no longer a member of the Audit Committee, Risk Management Committee, Stakeholders Relationship Committee, and the Corporate Social Responsibility Committee. The company submitted the disclosure to the National Stock Exchange of India Ltd. on July 6, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Fertilisers & Chemical Travancore
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.64% | -2.46% | -2.34% | -1.41% | -8.51% | +515.95% |
Who will be appointed as the permanent Director (Marketing) once the three-month period concludes?
How will Shri Sonak's dual role at FACT and RCFL impact the marketing strategies of both companies?
What are the expected market reactions to the leadership transition at FACT?
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