Gujarat State Fertilizers & Chemicals Limited (GSFC) has notified the cessation of one of its Senior Management Personnel (SMP). Mr. R S Erande, serving as the Sr. Vice President, has superannuated from the services of the Company. This change was effective from the close of business hours on March 31, 2026. The company confirmed that Mr. Erande was not related to other directors, and no brief profile was applicable as this was a cessation event, not an appointment.
Change in Senior Management Personnel
Gujarat State Fertilizers & Chemicals Limited (GSFC) has officially announced a change within its Senior Management Personnel (SMP) team as required under corporate governance norms. The specific event involves the departure of a key executive due to retirement.
Details of Cessation
The following details outline the transition:
- Individual Concerned: Mr. R S Erande
- Designation: Sr. Vice President (Designated as SMP)
- Reason for Change: Superannuation from company services.
- Effective Date of Cessation: The departure was effective from the close of business hours on 31/03/2026.
Required Disclosures
In alignment with the regulatory requirements, the company provided the mandatory supplementary information:
- Brief Profile: Not applicable, as this concerns the cessation, not a new appointment.
- Disclosure of Relationships: Mr. R S Erande was Not related to the existing directors of the Company.
The Company Secretary & Vice President (Legal), Nidhi Pillai, authorized this communication, confirming that stakeholders are requested to take note of this administrative update regarding the SMP structure.
Source: BSE
