Gujarat Narmada Valley Fertilizers & Chemicals Limited Appointment of New Statutory Auditors

Gujarat Narmada Valley Fertilizers & Chemicals Limited has announced the appointment of M/s. B S R and Co. as its new statutory auditors. The firm will serve a five-year term, pending final approval from shareholders at the upcoming Annual General Meeting. This transition covers the period from the conclusion of the 50th Annual General Meeting through the conclusion of the 55th Annual General Meeting.

Audit Leadership Transition

Following the recommendation of the Audit Committee, the Board of Directors of Gujarat Narmada Valley Fertilizers & Chemicals Limited has officially approved the appointment of M/s. B S R and Co., Chartered Accountants, based in Ahmedabad. This decision was formalized during the board meeting held on May 18, 2026. The appointment is subject to the necessary ratification by the company’s shareholders at the ensuing Annual General Meeting.

Terms of Engagement

The firm has been appointed for a continuous five-year tenure. Their mandate will commence upon the conclusion of the 50th Annual General Meeting and will remain in effect until the conclusion of the 55th Annual General Meeting.

About the Auditor

M/s. B S R and Co. is a partnership firm established on September 1, 2007. As a member entity of B S R & Affiliates, the firm maintains a significant presence across 14 cities in India, supported by a network of over 6,400 staff members and 400 partners. The firm currently provides audit services to various publicly listed companies, including major entities within the chemical sector.

Source: BSE

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