News Stocks National Fertilizers Limited Assigns Additional Finance Director Charge to Marketing DirectorNational Fertilizers Limited Assigns Additional Finance Director Charge to Marketing Director
National Fertilizers Limited has assigned additional charge of Director (Finance) to Shri Mahesh Chander Gupta, currently Director (Marketing), effective March 3, 2026. The three-month appointment, approved by the Ministry of Chemical and Fertilizers, will continue until a regular incumbent joins or further orders are issued. Gupta brings over 30 years of experience from Indian Oil Corporation Limited, where he served as Chief General Manager (Business Development - Gas) and led natural gas business operations and petrochemicals expansion.
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National fertilizers Limited has announced a key leadership change with the assignment of additional charge of Director (Finance) to its current Director (Marketing), Shri Mahesh Chander Gupta. The appointment comes as the company manages its executive leadership structure during a transitional period.
Government Approval and Appointment Details
The Department of Fertilizers, Ministry of Chemical and Fertilizers, Government of India issued Order No. 82/3/2013-HR PSU (e-28269) dated March 3, 2026, formally assigning the additional responsibilities to Gupta. The appointment carries the approval of the Hon'ble Minister of Chemicals & Fertilizers and is subject to final approval from the Department of Personnel & Training (ACC).
| Parameter: | Details |
|---|---|
| Effective Date: | March 3, 2026 |
| Duration: | Three months |
| Conditions: | Until regular incumbent joins or further orders, whichever is earliest |
| Approval Status: | Subject to DoPT (ACC) approval |
Professional Background and Experience
Shri Mahesh Chander Gupta brings extensive experience from the energy sector to his expanded role. Prior to joining National Fertilizers Limited as Director (Marketing), he served as Chief General Manager (Business Development - Gas) at Indian Oil Corporation Limited (IOCL), where he headed Natural Gas Sourcing and Marketing operations at the corporate level.
Key Qualifications and Achievements
- Over 30 years of professional experience in the energy sector
- Management Graduate from FMS, Udaipur
- Cost & Management Accountant (Gold Medallist)
- Completed advanced management programmes
- Leadership experience across multiple verticals including Petroleum Marketing, Petrochemicals Marketing, Natural Gas Marketing, and Vigilance
Strategic Role and Responsibilities
In his current capacity as Director (Marketing), Gupta has been instrumental in spearheading National Fertilizers' expanding business portfolio with differentiated products to achieve market leadership. His role encompasses working towards energy transition, sustainability, globalization, and strategic diversification with the ambition of achieving self-sufficiency in urea production.
At IOCL, Gupta played a pivotal role in upscaling the natural gas business to new heights and establishing new business streams of petrochemicals, including PTA & Polymers in both domestic and global markets, along with other business development activities.
Regulatory Compliance
The company has confirmed that there are no relationships between directors that require disclosure, and Gupta has not been debarred from holding the office of Director pursuant to any SEBI order or order of any other authority. This appointment aligns with regulatory requirements under SEBI regulations for listed companies.
The dual responsibility assignment reflects the company's strategic approach to maintaining operational continuity while ensuring experienced leadership across critical functions during the transition period.
Historical Stock Returns for National Fertilizers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.34% | -7.48% | -7.55% | -22.89% | -11.35% | +15.26% |
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