Gujarat Narmada Valley Fert & Chem received an Environmental, Social, and Governance (ESG) rating of 47 from ESG Risk Assessments & Insights Limited on September 16, 2026. The agency placed the company in the Adequate category.

The rating was assigned independently based on publicly available information. Gujarat Narmada Valley Fertilizers & Chemicals Limited confirmed it did not engage the assessment firm for this evaluation.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited on September 17, 2026.

Regulatory Context

The intimation serves as a mandatory disclosure under SEBI listing norms. The company stated that the rating reflects an independent assessment rather than a commissioned audit. Details are available on the company’s website.

Gujarat Narmada Valley Fertilizers & Chemicals Limited held its 50th Annual General Meeting on September 16, 2026. Shareholders approved a final dividend of ₹21 per equity share for FY26.

The meeting was conducted via video conferencing with the deemed venue at the company’s registered office in Bharuch, Gujarat. Chairman Manoj Kumar Das presided over the proceedings, which concluded at 4:05 pm.

Key Resolutions

Members approved several ordinary and special resolutions during the AGM:

• Adoption of audited standalone and consolidated financial statements for FY26
• Declaration of final dividend of ₹21 per share of face value ₹10 each
• Reappointment of Dr. T. Natarajan as director retiring by rotation
• Appointment of M/s. B S R and Co as statutory auditors
• Appointment of Prof. (Dr.) Mamata Biswal as independent director
• Ratification of remuneration for cost auditor M/s. K G Goyal & Associates

Management Changes

Shri Sanjeev Kumar assumed additional charge of Managing Director effective September 9, 2026, following the transfer of Shri Rajkumar Beniwal. This appointment was made pursuant to a notification from the Government of Gujarat dated September 5, 2026.

The Board will seek member approval for Sanjeev Kumar’s formal appointment as Managing Director in due course, subject to recommendations from the Nomination and Remuneration Committee.

Audit and Governance

Statutory auditors M/s. Suresh Surana & Associates LLP issued unmodified reports on the financial statements for FY26. The secretarial audit report for 2025-26 also contained no qualifications or adverse remarks.

E-voting was facilitated through KFin Technologies Limited, with CS J. J. Gandhi serving as scrutinizer. Voting results will be announced within two working days of the meeting conclusion.