Gujarat Narmada Valley Fertilizers & Chemicals Limited has received an ESG rating of 58 from NSE Sustainability Ratings & Analytics Limited. The company informed the stock exchanges about this development on April 03, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The rating assignment was communicated to the company on April 02, 2026. The ESG rating reflects Gujarat Narmada Valley Fertilizers & Chemicals Limited's performance across Environmental, Social and Governance parameters as evaluated by the rating agency.

Independent Assessment

The company clarified that it has not engaged NSE Sustainability for ESG rating purposes. The rating has been assigned independently by NSE Sustainability based on publicly available information about the company's operations and practices.

Regulatory Compliance

Gujarat Narmada Valley Fertilizers & Chemicals Limited has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about the ESG rating assignment. The information has also been made available on the company's official website at www.gnfc.in , ensuring transparency for all stakeholders.

The company operates as an ISO 9001, ISO 14001, ISO 45001 and ISO 50001 certified organization, demonstrating its commitment to quality, environmental management, occupational health and safety, and energy management systems.

Gujarat narmada valley fert & chem shareholders have overwhelmingly approved the appointment of three IAS officers as directors through a postal ballot conducted via remote e-voting. The company announced the official results on March 28, 2026, following the scrutinizer's report confirming requisite majority approval for all three ordinary resolutions.

Official Voting Results

The postal ballot process, conducted from February 26, 2026, to March 27, 2026, demonstrated exceptional shareholder support across all three director appointments. CS J. J. Gandhi served as the scrutinizer for the voting process, ensuring compliance with the Companies Act, 2013, and SEBI regulations.

Director Appointments Confirmed

The shareholders approved three key appointments through the postal ballot process. Shri Rajkumar Beniwal, IAS (DIN: 07195658) was appointed as Director and Managing Director, securing 99.59% approval from voting shareholders. Shri Ashwini Kumar, IAS (DIN: 06581753) received the highest approval rate at 99.63% for his appointment as Director. Dr. Rajender Kumar, IAS (DIN: 07161855) was appointed as Director with 99.33% shareholder support.

Comprehensive Shareholder Participation

Out of 274221 total shareholders on the record date of February 20, 2026, the voting process achieved significant participation through KFin Technologies Limited's e-voting platform. The promoter and promoter group demonstrated unanimous support with 100.00% participation and approval across all resolutions.

Category-wise Voting Analysis

Regulatory Compliance Framework

The postal ballot was conducted in strict adherence to regulatory requirements under Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company dispatched notices via email on February 24, 2026, and published public advertisements in Business Standard (English) and Loksatta Jansatta (Gujarati) on February 25, 2026.

Corporate Governance Enhancement

The appointment of three experienced IAS officers represents a strategic strengthening of the company's board composition and governance framework. The overwhelming shareholder support across all categories reflects strong confidence in the proposed leadership appointments and the company's strategic direction. The voting results and scrutinizer's report have been made available on the company's website at www.gnfc.in for transparency and regulatory compliance.