Gujarat State Fertilizers & Chemicals has moved forward with the appointment of Dr. Rajender Kumar, IAS as Managing Director, with the company's Nomination and Remuneration Committee approving the appointment on January 6, 2026. The appointment now awaits final board approval.

Committee Approval and Process

The Nomination and Remuneration Committee has recommended Dr. Rajender Kumar's appointment to the board for final approval. The company has informed stock exchanges about this significant leadership development under regulatory compliance requirements.

Professional Background

Dr. Rajender Kumar brings extensive administrative and policy experience to the role. A 2004-batch IAS officer of the Gujarat Cadre, he holds a B.A.M.S. in Ayurvedic and has over two decades of experience in public administration, public policy, and development economics.

Key Career Highlights

His distinguished career includes serving as District Development Officer for Bharuch and Ahmedabad districts, and as Collector & District Magistrate of Rajkot and Surat. From 2016 to 2021, he worked at the policy formulation level in the Government of India as Director to the Prime Minister of India (PMO).

International Experience

From 2021 to 2024, Dr. Kumar served on the World Bank Board as an Advisor to the Executive Director for India, Bangladesh, Bhutan, and Sri Lanka. He also served as Council Member of the Global Environment Facility (GEF), representing India and neighboring countries at various international forums.

Corporate Governance

The appointment follows standard corporate governance procedures, with the company confirming that Dr. Kumar is not related to any existing Director or Key Managerial Personnel. This leadership transition positions the fertilizer company for strategic growth under experienced administrative leadership.

Gujarat Narmada Valley Fertilizers & Chemicals Limited has announced the resignation of Director Shri Sanjeev Kumar, IAS from its Board of Directors, effective January 2, 2026. The resignation follows Kumar's cessation as Managing Director of Gujarat State Fertilizers & Chemicals Limited, creating a significant change in the company's directorate structure.

Director Resignation Details

The company filed the necessary intimation under Regulation 30 of SEBI Listing Regulations on January 3, 2026, providing comprehensive details about the directorate change:

Background and Reason for Resignation

Shri Sanjeev Kumar's resignation from GNFC's Board stems directly from his cessation as Managing Director of Gujarat State Fertilizers & Chemicals Limited. In his resignation letter dated January 2, 2026, Kumar tendered his resignation as Director and Member from all Committees of the company with immediate effect.

The resignation follows the General Administrative Department, Government of Gujarat Notification No. AIS/45.2026/0083/G dated January 2, 2026, which resulted in his cessation from the GSFC leadership role.

Regulatory Compliance and Documentation

GNFC has ensured full compliance with regulatory requirements by filing the necessary disclosures under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024:

Official Communication and Acknowledgment

The company's official communication to BSE Limited and National Stock Exchange of India Limited was signed by Company Secretary & Compliance Officer Rajesh Pillai. In his resignation letter to the Board of Directors, Sanjeev Kumar expressed sincere gratitude for the cooperation, guidance, and courtesies extended during his tenure as Director.

The company has provided all required details under Regulation 30(6) read with Para A (7) of Part A of Schedule III of the Listing Regulations, ensuring complete transparency in the directorate change process.