GNFC Shareholders Approve Director Appointment and Auditor Remuneration
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) announced that its shareholders have approved two ordinary resolutions through a postal ballot conducted via remote e-voting. The resoluti...
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Why is Gujarat Narmada Valley Fertilizers and Chemicals Limited in the news today?
Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) is in the news due to the shareholders have approved key resolutions, including the appointment of a new chairman, which is a positive development for the company's governance and leadership.
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GNFC Shareholders Approve Director Appointment and Auditor Remuneration
January 2, 2026, 11:22 AM
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Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) announced that its shareholders have approved two ordinary resolutions through a postal ballot conducted via remote e-voting. The resolutions pertained to the appointment of Shri Manoj Kumar Das, IAS, as a Director and Chairman of the Company, and the ratification of remuneration payable to the Cost Auditor for the Financial Year 2025-26.
The postal ballot process commenced on December 3, 2025, at 9:00 A.M. (IST) and concluded on January 1, 2026, at 5:00 P.M. (IST). The Scrutinizer, CS J. J. Gandhi, submitted his report confirming that both resolutions were passed by the shareholders with the requisite majority. The results were declared on January 1, 2026.
The voting results and the Scrutinizer's report are available on the company's website (www.gnfc.in) and the e-voting agency's website (KFin Technologies Limited). The company has followed all applicable regulations, including SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and relevant sections of the Companies Act, 2013.
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