Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) — Board Meeting | 16 September 2026 (3 announcements)

At the 50th AGM on September 16, 2026, shareholders approved the audited standalone and consolidated financial statements for FY2025-26, declared a dividend of [amount context mismatch] per share, appointed Sanjeev Kumar as Managing Director effective September 9, 2026, and ratified cost auditor remuneration. The meeting concluded at 4:05 PM IST after e-voting on all resolutions.

GNFC appointed BSR & Co. as statutory auditors for five years starting from the 50th AGM conclusion until the 55th AGM, as approved by shareholders at the May 18, 2026 meeting. The appointment follows regulatory requirements and replaces prior auditor arrangements.

GNFC announced the appointment of Shri Sanjeev Kumar, IAS (DIN: 03600655) as a Director and Managing Director effective September 09, 2026, following government nomination under Article 136 of the Articles of Association, while Shri Rajkumar Beniwal ceased as Managing Director and Director on the same date; the Board approved the appointment subject to member approval via postal ballot, with his term extending up to five years from September 09, 2026, and he is not barred from holding office by any SEBI order.