Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) announced the appointment of Shri Rajkumar Beniwal, IAS (DIN: 07195658), as an Additional Director and Managing Director. This appointment, effective retroactively from December 29, 2025, was approved by the Board based on recommendations from the Nomination and Remuneration Committee on February 10, 2026. Shri Beniwal has also been designated as a Key Managerial Personnel (KMP) of the Company, pending shareholder approval.
Board Approves Key Management Appointment
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) formally disclosed a significant change in its senior management structure following its Board meeting held on February 10, 2026. The Board has approved the appointment of Shri Rajkumar Beniwal, IAS (DIN: 07195658), to two key roles within the organization.
Details of the Appointment
Shri Rajkumar Beniwal has been appointed as an Additional Director and the Managing Director of the Company. Furthermore, he has been designated as a Key Managerial Personnel (KMP). This appointment is subject to the eventual approval of the shareholders.
Crucially, the effective date for this appointment is stated as December 29, 2025, reflecting the date of the initial intimation previously shared with the stock exchanges. This retroactive effective date was based on the recommendations provided by the Nomination and Remuneration Committee.
Compliance Confirmation
The Company confirmed that Shri Rajkumar Beniwal is presently not debarred from holding the office of Director by any order issued by SEBI or any other relevant authority. All necessary details required under the applicable disclosure regulations were previously submitted to the stock exchanges in the prior communication dated December 29, 2025.
The official communication was executed by Rajesh Pillai, Company Secretary & Compliance Officer, on behalf of GNFC.
Source: BSE
