Chambal Fertilisers Shareholders Approve Key Leadership Appointments at 40th AGM

1 min read     Updated on 26 Aug 2025, 09:06 PM
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Reviewed by
Jubin VergheseBy ScanX News Team
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Overview

Chambal Fertilisers & Chemicals held its 40th AGM on August 26, 2025, approving several leadership appointments. Shareholders reappointed Mr. Abhay Baijal as Managing Director for three years, Mrs. Rita Menon as Independent Director for five years, and appointed Dr. Rakesh Jain as a new Independent Director for five years. M/s. RMG & Associates was appointed as Secretarial Auditor. The AGM also approved financial statements, declared a final dividend of Rs. 5.00 per equity share, and ratified cost auditors' remuneration. All resolutions passed with overwhelming majority, with key appointments receiving over 99% votes in favor.

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*this image is generated using AI for illustrative purposes only.

Chambal Fertilisers & Chemicals , a prominent player in the Indian fertiliser industry, held its 40th Annual General Meeting (AGM) on August 26, 2025, where shareholders approved several significant leadership appointments and reappointments.

Key Appointments and Reappointments

The shareholders gave their nod to the following key decisions:

  1. Managing Director Reappointment: Mr. Abhay Baijal has been reappointed as Managing Director for a three-year term, effective from July 21, 2025, to July 20, 2028. Mr. Baijal brings extensive experience in finance, accounts, business restructuring, and project financing, along with in-depth knowledge of the fertiliser industry.

  2. Independent Director Reappointment: Mrs. Rita Menon secured a second five-year term as an Independent Director, spanning from September 10, 2025, to September 09, 2030. Mrs. Menon, a former Indian Administrative Service officer, contributes her vast experience in industrial development, town planning, finance, and public policy.

  3. New Independent Director: Dr. Rakesh Jain has been appointed as an Independent Director for a five-year term, from July 15, 2025, to July 14, 2030. Dr. Jain brings over 37 years of experience in various fields, including business portfolio optimization, operational excellence, and digital transformation.

  4. Secretarial Auditor Appointment: The company appointed M/s. RMG & Associates as the Secretarial Auditor for a term of five consecutive years.

AGM Proceedings

The AGM, conducted through video conferencing, saw the approval of several other resolutions, including:

  • Adoption of audited financial statements for the fiscal year ended March 31, 2025
  • Declaration of a final dividend of Rs. 5.00 per equity share (50% of face value)
  • Reappointment of Mr. Shyam Sunder Bhartia as a Director
  • Ratification of remuneration for cost auditors

Voting Results

All resolutions were passed with overwhelming majority. The e-voting results showed strong shareholder support:

Resolution Votes in Favor
Reappointment of Mr. Abhay Baijal as Managing Director 99.55%
Mrs. Rita Menon's reappointment as Independent Director 99.44%
Dr. Rakesh Jain's appointment as Independent Director 99.93%

The AGM, which commenced at 10:30 AM IST, concluded at 11:41 AM IST, marking a significant day for Chambal Fertilisers' corporate governance and leadership structure.

These appointments reflect Chambal Fertilisers & Chemicals' commitment to maintaining a strong and diverse leadership team, poised to guide the company through the evolving landscape of the fertiliser industry in India.

Historical Stock Returns for Chambal Fertilisers & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+0.52%+4.30%-3.84%+9.60%+253.16%
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Chambal Fertilisers Unveils Ambitious Growth Strategy for Crop Protection Business

1 min read     Updated on 01 Aug 2025, 12:58 AM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

Chambal Fertilisers & Chemicals Limited (CFCL) plans to double its crop protection and specialty nutrients business by FY27. The strategy includes launching 18 new products, entering the seeds segment, and a ₹1,645 crore capital expenditure program. CFCL reported a 34% year-on-year revenue growth to ₹458.00 crore in Q1 FY25-26. The company aims to increase revenue from ₹926.00 crore in FY24-25 to ₹1,500.00 crore by FY26-27. CFCL has partnered with TERI to develop sustainable agriculture solutions.

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*this image is generated using AI for illustrative purposes only.

Chambal Fertilisers & Chemicals Limited (CFCL) has announced an aggressive expansion plan for its crop protection and specialty nutrients business, aiming to double its size by the fiscal year 2026-27 (FY27). This strategic move is part of the company's broader initiative to strengthen its position in the agricultural solutions market.

Expansion Strategy

The company's growth strategy encompasses several key initiatives:

  1. Product Portfolio Expansion: CFCL plans to launch 18 new products, significantly broadening its offerings in the crop protection and specialty nutrients segments.

  2. Entry into Seeds Segment: In a move to diversify its product range, the company is venturing into the seeds business.

  3. Capital Expenditure: A substantial capital expenditure program of ₹1,645 crore is underway to support the expansion plans.

Focus on Sustainable Growth

Chambal Fertilisers is placing a strong emphasis on sustainable, high-profit business-to-consumer (B2C) agricultural growth. This approach aligns with the increasing demand for environmentally friendly and efficient agricultural solutions.

Financial Performance

The company's recent financial results reflect the positive impact of its strategic initiatives:

Metric Performance
Revenue Growth 34% year-on-year increase to ₹458.00 crore in Q1 FY25-26
Contribution Growth 28% year-on-year increase to ₹104.00 crore in Q1 FY25-26

New Product Launches

As part of its expansion strategy, CFCL has already made significant progress:

  • 13 new crop protection chemical products were launched in Q1 FY25-26.
  • The company introduced two hybrid variety seeds, marking its entry into the seeds segment.

Future Outlook

Chambal Fertilisers has set ambitious targets for its crop protection and specialty nutrients business:

Target FY24-25 FY26-27 (Expected)
Revenue ₹926.00 crore ₹1,500.00 crore
Contribution ₹247.00 crore ₹350.00 crore

Sustainable Agriculture Initiatives

In line with its focus on sustainable agriculture, Chambal Fertilisers has partnered with The Energy and Resources Institute (TERI) to establish a 'Centre of Excellence for Advanced and Sustainable Agriculture Solutions'. This collaboration aims to develop five patented biological crop protection products over the next five years.

Conclusion

Chambal Fertilisers' strategic expansion in the crop protection and specialty nutrients business, coupled with its entry into the seeds segment, positions the company for significant growth in the agricultural solutions market. By focusing on sustainable practices and innovative products, CFCL is aligning itself with the evolving needs of the agricultural sector while aiming for substantial business growth.

Historical Stock Returns for Chambal Fertilisers & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+0.52%+4.30%-3.84%+9.60%+253.16%
Chambal Fertilisers & Chemicals
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