Chambal Fertilisers Shareholders Approve Key Leadership Appointments at 40th AGM
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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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:
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.
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.
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.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.54% | +0.52% | +4.30% | -3.84% | +9.60% | +253.16% |