This document constitutes a regulatory disclosure submitted to BSE Limited and National Stock Exchange of India Limited regarding the voting results of a postal ballot conducted by Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC).

The disclosure announces that shareholders have approved the appointment of Shri Sanjeev Kumar, IAS (DIN: 03600655) as a Director and as the Managing Director of the Company. The resolution was passed through a postal ballot process conducted via remote e-voting.

Key Details:

  • Postal Ballot Period: The remote e-voting was conducted from Wednesday, October 07, 2026 at 09:00 AM (IST) to Thursday, November 05, 2026 at 05:00 PM (IST)
  • Resolution Passed Date: November 05, 2026
  • Scrutinizer: CS J. J. Gandhi (FCS No.: 3519, COP: 2515) of J J Gandhi & Co. Practising Company Secretaries
  • Total Shareholders on Record Date: 263,224 (as of October 1, 2026 cutoff date)
  • Voting Process: Conducted exclusively through remote e-voting via KFin Technologies Limited
  • Regulatory Compliance: Conducted pursuant to Sections 108, 110 of Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Voting Results Breakdown:

The ordinary resolution for the appointment of Shri Sanjeev Kumar as Director and Managing Director received the following voting results:

Overall Results:

  • Total Shares Outstanding: 146,940,683
  • Total Votes Polled: 88,427,855 (60.18% participation)
  • Votes in Favor: 86,179,574 (97.46% of votes polled)
  • Votes Against: 2,248,281 (2.54% of votes polled)

Category-wise Results:

Promoter & Promoter Group:

  • Shares Held: 60,693,667
  • Votes Polled: 60,693,667 (100% participation)
  • Votes in Favor: 60,693,667 (100%)
  • Votes Against: 0 (0%)

Public Institutions:

  • Shares Held: 33,237,275
  • Votes Polled: 27,562,167 (82.93% participation)
  • Votes in Favor: 25,317,820 (91.86%)
  • Votes Against: 2,244,347 (8.14%)

Public Non-Institutions:

  • Shares Held: 53,009,741
  • Votes Polled: 172,021 (0.32% participation)
  • Votes in Favor: 168,087 (97.71%)
  • Votes Against: 3,934 (2.29%)

Disclosure Compliance:

The company has complied with all regulatory requirements including:

  • Dispatch of notice via email to all registered members on October 5, 2026
  • Public advertisement in Business Standard (English) and Loksatta Jansatta (Gujarati) newspapers on October 6, 2026
  • Hosting of notice on company website as per Rule 22(4) of Companies (Management and Administration) Rules 2014
  • Submission of voting results and scrutinizer's report to stock exchanges
  • Hosting of results on company website (www.gnfc.in) and e-voting agency website (https://evoting.kfintech.com)

Scrutinizer's Report:

CS J.J. Gandhi certified that the postal ballot process was conducted in compliance with MCA Circulars including General Circular No. 3 of 2025 dated September 22, 2025. The scrutinizer confirmed that the resolution was passed with requisite majority and handed over all e-voting records to the Company Secretary for safe custody.