The Fertilisers And Chemicals Travancore Limited has notified the stock exchanges of the cessation of Dr. Aruna Kamineni as a Non-Official Independent Director on its Board, effective from the close of office hours on 04-05-2026. The retirement follows the completion of her one-year term on the Board of the Kochi-based Government of India enterprise.

Board-Level Change

The company communicated this development in compliance with Regulation 30, read with Schedule III of Part A of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2//3762/2026 dated January 30, 2026. The disclosure was filed on 05th May 2026 and signed by Susan Abraham, Company Secretary of The Fertilisers And Chemicals Travancore Limited.

The key details of the cessation, as disclosed under the applicable regulatory requirements, are summarised below:

Committee Memberships Affected

Consequent to her retirement from the Board, Dr. Aruna Kamineni will also cease to be a member of the following Board committees:

• Audit Committee
• Nomination and Remuneration Committee

The company confirmed that there is no relationship between directors and that Dr. Kamineni has not been debarred from holding the office of Director pursuant to any SEBI order or order of any other such authority, as per the regulatory disclosure requirements under Schedule III Para A (7 & 7B) of Part A of the Listing Regulations.

Regulatory Compliance

The Fertilisers And Chemicals Travancore Limited, a Government of India enterprise with its registered office at Elloor, Udyogamandal, Kochi - 683501, Kerala, filed this disclosure in accordance with its obligations under the SEBI Listing Regulations. The filing underscores the company's adherence to corporate governance and timely disclosure norms as mandated by the securities regulator.

Fertilisers & Chemical Travancore has received government approval to manufacture Di-Ammonium Phosphate (DAP) fertilizer at its Kochi facility. The approval was communicated by the Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India, on 24th April, 2026.

Government Approval Details

The Ministry has conveyed approval from the Competent Authority for FACT to commence DAP manufacturing operations at its existing facility. The permission encompasses both manufacturing and selling of DAP fertilizer, enabling the company to expand its product portfolio within the fertilizer segment.

NBS Scheme Benefits

The approval allows FACT to claim subsidies under the NBS Scheme for its DAP manufacturing operations. The NBS Scheme is designed to provide financial support to fertilizer manufacturers, helping maintain affordable fertilizer prices for farmers while ensuring sustainable production.

The company will be able to take cognizance of the installed capacity of its plant for DAP manufacturing and selling operations. This development positions FACT to leverage government support mechanisms while utilizing its existing infrastructure efficiently.

Compliance and Next Steps

The permission is subject to obtaining necessary regulatory approvals and compliance with required conditions. FACT has indicated that it is taking necessary actions to fulfill these requirements. The company must ensure adherence to all regulatory frameworks and operational standards specified under the NBS Scheme.

This approval represents a significant development for FACT, enabling the company to diversify its fertilizer manufacturing capabilities and participate in the government-supported NBS framework for DAP production.