Gujarat State Fertilizers & Chemicals Limited has announced the resignation of Mr. S.V. Varma, Executive Director (Agri Business, HR & IR), who serves as Senior Management Personnel. The resignation became effective from the close of business hours on April 28, 2026, with the company citing that Mr. Varma resigned to pursue opportunities outside the organization.

Regulatory Compliance and Filing Details

The company filed the intimation on April 29, 2026, under Regulation 30 read with Schedule III of the SEBI Listing Regulations. The disclosure was made in compliance with Regulation 30(2) read with Para B of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

The following table summarizes the key details of the resignation:

Official Communication

The resignation was communicated to both BSE Limited (Scrip Code: 500690) and National Stock Exchange of India Ltd. (Symbol: GSFC) through an official letter signed by Nidhi Pillai, Company Secretary & Vice President (Legal). The communication was digitally signed and submitted as part of the company's regulatory obligations.

Management Structure Impact

Mr. S.V. Varma's departure affects the company's agribusiness operations, human resources, and industrial relations functions. As Executive Director overseeing these critical areas, his resignation represents a significant change in the senior management structure of Gujarat State Fertilizers & Chemicals Limited. The company has ensured full regulatory compliance and transparency regarding this senior management change.

Gujarat state fertilizers & chemicals Limited has submitted its quarterly regulatory compliance certificate to the stock exchanges for the quarter ended 31st March, 2026. The submission fulfills the company's obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Submission

The company filed the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on 6th April, 2026. The certificate pertains to the quarter ended 31st March, 2026.

Registrar and Transfer Agent Confirmation

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the Registrar and Share Transfer Agent for Gujarat State Fertilizers & Chemicals Limited. The confirmation was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

The certificate confirms several key compliance aspects:

• Securities received from depository participants for dematerialisation during Q4FY26 were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were confirmed or rejected as appropriate
• Security certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Communication

The submission was made by Nidhi Pillai, Company Secretary and Vice President (Legal) of Gujarat State Fertilizers & Chemicals Limited. The communication was digitally signed and submitted to both stock exchanges as part of the company's regular compliance procedures.

This quarterly certification ensures transparency in the dematerialisation process and confirms that the company has adhered to all regulatory requirements for securities handling during the reporting period.