Event Details

The 50th Annual General Meeting (AGM) of Gujarat Narmada Valley Fertilizers & Chemicals Limited was held on Wednesday, September 16, 2026 at 3:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Voting Process

The company provided remote e-voting and e-voting at AGM facilities to members pursuant to Section 108 of the Companies Act, 2013 and Regulation 44(1) of SEBI Listing Regulations. The e-voting period remained open from September 12, 2026 (9:00 AM) to September 15, 2026 (5:00 PM).

Scrutinizer Appointment

Shri J. J. Gandhi, Practicing Company Secretary (FCS No. 3519, CP No. 2515) was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting at AGM.

Shareholder Participation

  • Total number of shareholders on record date: 269,761
  • Number of public shareholders attended through Video Conferencing: 70
  • Total shares outstanding: 146,940,683
  • Total votes polled: 90,577,113 (61.64% of outstanding shares)

Resolution Outcomes

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Result: Approved with 99.91% votes in favor
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,831,413 votes (99.72% in favor)
  • Public Non-Institutions: 52,033 votes (98.38% in favor)

Resolution 2: Dividend Declaration

  • Type: Ordinary Resolution
  • Result: Approved with 99.99% votes in favor
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,878,445 votes (100% in favor)
  • Public Non-Institutions: 52,020 votes (99.66% in favor)

Resolution 3: Re-appointment of Dr. T. Natarajan

  • Type: Ordinary Resolution
  • Result: Approved with 94.46% votes in favor
  • DIN: 00396367
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,878,445 votes (83.21% in favor)
  • Public Non-Institutions: 51,923 votes (97.41% in favor)

Resolution 4: Appointment of Statutory Auditors

  • Type: Ordinary Resolution
  • Result: Approved with 99.76% votes in favor
  • Auditor: M/s. B S R and Co, Chartered Accountants (Firm Registration No. 128510W)
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,878,445 votes (99.26% in favor)
  • Public Non-Institutions: 52,023 votes (97.83% in favor)

Resolution 5: Appointment of Independent Director

  • Type: Special Resolution
  • Result: Approved with 99.99% votes in favor
  • Director: Prof. (Dr.) Mamata Biswal (DIN: 07156141)
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,878,445 votes (99.99% in favor)
  • Public Non-Institutions: 51,831 votes (97.30% in favor)

Resolution 6: Ratification of Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Result: Approved with 99.99% votes in favor
  • For financial year: 2026-27
  • Promoter & Promoter Group: 60,693,667 votes (100% in favor)
  • Public Institutions: 29,878,445 votes (100% in favor)
  • Public Non-Institutions: 52,023 votes (97.57% in favor)

Document Submission

The voting results together with Scrutinizer's Report have been submitted to BSE Limited (Scrip Code: 500670) and National Stock Exchange of India Limited (Symbol: GNFC). The documents are also available on the company's website at www.gnfc.in.