Gujarat Narmada Valley Fert & Chem has appointed M/s K G Goyal & Associates as its Cost Auditors for the financial year 2026-27. The Board of Directors approved the appointment during its meeting held on August 05, 2026, acting on the recommendation of the Audit Committee. This appointment ensures compliance with regulatory requirements for cost auditing in the upcoming fiscal year.

The company disclosed the appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, issued on July 11, 2023, and last updated on January 30, 2026. Rajesh Pillai, Company Secretary & Compliance Officer, signed the intimation to the stock exchanges.

Auditor Profile and Experience

M/s K G Goyal & Associates, based in Jaipur, holds Firm Registration No. 000024. The firm has been engaged in practice for the last 36 years and employs six partners in whole-time practice. Its offices are located in Jaipur, Delhi, and Mumbai.

The senior partner, Mr. Rajesh Goyal (FCMA, ACS), possesses more than 36 years of experience. Four partners of the firm are fellow members of the Institute of Cost Accountants of India, with more than 11 years of experience in cost audit. The firm has extensive experience in conducting cost audits for Central PSUs, State Government Undertakings, and private sector companies.

Sector Expertise

The firm has demonstrated vast experience in the field of Cost Audit across multiple industries. These include Power, Textile, Oil & Gas, Fertilizer, Cement, Metal, Engineering Goods, and Telecommunication sectors. The firm has handled audits for entities with multiple locations across the country.

No relationships between directors and the appointed auditors were disclosed, as this criterion was marked as not applicable in the filing. The appointment replaces any prior arrangement for the specified term, ensuring continuity in statutory compliance for Gujarat Narmada Valley Fertilizers & Chemicals Limited.

Gujarat Narmada Valley Fert & Chem is transferring unclaimed equity shares to the Investor Education and Protection Fund (IEPF) account, a move that could result in permanent loss of ownership rights for inactive shareholders. The company published a notice on August 01, 2026, informing investors of the impending transfer in accordance with Section 124(6) of the Companies Act, 2013. This regulatory action requires shareholders who have not claimed dividends or updated their bank and communication details to take immediate steps to retain their holdings.

The notice was submitted to the Bombay Stock Exchange and the National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also published the notice in the Vadodara edition of "Loksatta Jansatta" and made it available on its official website at www.gnfc.in . Rajesh Pillai, Company Secretary & Compliance Officer, signed the disclosure.

Key Details for Shareholders

Shareholders must ensure their demat accounts are active and dividend mandates are up to date. Failure to respond to such notices typically results in shares being transferred to the IEPF after a specified period of inactivity, usually seven years for dividends. Once transferred, reclaiming shares involves a formal application process with the IEPF Authority.

What This Means for Investors

The transfer of shares to the IEPF is a standard compliance procedure for listed companies but carries significant consequences for individual investors. It highlights the importance of maintaining current contact information and active trading accounts. Investors holding Gujarat Narmada Valley Fertilizers & Chemicals Limited shares should verify their status with their depository participants immediately.