Gujarat Narmada Valley Fert & Chem has announced the departure of Shri Murtaza I. Shamsi, Executive Director and Senior Managerial Personnel, effective October 31, 2025. This change in the company's senior management comes as Mr. Shamsi's contract of employment reaches its conclusion.

Key Details of the Management Change

Gujarat Narmada Valley Fert & Chem has provided the following information regarding the change in senior management:

The company has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The information was communicated to both the BSE Limited and the National Stock Exchange of India Limited.

Regulatory Compliance

Gujarat Narmada Valley Fert & Chem has adhered to the regulatory requirements by providing details as mandated under Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended.

The company's commitment to transparency is evident in its prompt disclosure of this management change to the stock exchanges and shareholders. Such timely communications are crucial for maintaining investor trust and ensuring compliance with regulatory standards in the Indian corporate landscape.

Gujarat Narmada Valley Fert & Chem (GNFC) has temporarily suspended operations at its TDI-II plant in Dahej following a minor leakage incident. The company took swift action to address the situation, prioritizing safety and environmental concerns.

Incident Details

GNFC initiated a controlled shutdown of the TDI-II plant after detecting a minor leakage. The company's prompt response demonstrates its commitment to maintaining stringent safety protocols and operational standards.

No Casualties or Damage Reported

In a reassuring update, GNFC confirmed that the incident resulted in no casualties or damage to the facility. This outcome highlights the effectiveness of the company's emergency response procedures and the timely action taken by the plant management.

Implications and Next Steps

While the temporary shutdown may have short-term implications for GNFC's production capacity, the company's proactive approach in addressing the leakage issue is likely to be viewed positively by stakeholders. The incident underscores the importance of regular maintenance and safety checks in industrial facilities, particularly those dealing with chemical production.

GNFC has not yet provided details on the expected duration of the shutdown or any potential impact on its production targets. Investors and industry observers will be keen to receive updates on the resumption of operations at the TDI-II plant and any measures being implemented to prevent similar incidents in the future.

As the situation develops, GNFC is expected to work closely with relevant authorities to ensure all safety standards are met before restarting the plant operations.