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Management change

Gujarat Narmada Valley Fertilizers and Chemicals: Intimation regarding Change in Directorate of the Company

Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) filed a disclosure titled "Intimation regarding Change in Directorate of the Company". The company is valued at about ₹9,120 crore.

BCEIE News Desk · Published 30 Sept 2026, 05:51 pm IST · Filing received 30 Sept 2026, 05:36 pm IST

What happened

Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) filed a disclosure with the exchanges on 30 September 2026 at 05:36 PM titled "Intimation regarding Change in Directorate of the Company".

Company snapshot

Gujarat Narmada Valley Fertilizers and Chemicals is a small-cap company in the Chemicals sector, with a market value of about ₹9,120 crore.

The stock last traded at ₹620.7, against a 52-week range of ₹365–₹636 (2.4% below the high).

Before this filing the shares had moved +7.0% over the month and +17.0% over three months. Average daily turnover over the last 20 sessions was about ₹74.56 crore.

Promoters held 41.30% at the end of Q1 FY27. Foreign institutions owned 13.11% and domestic institutions 11.02%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,601835.65
Q2 FY261,96817912.18
Q3 FY261,99615010.2
Q4 FY262,208—26.94
Q1 FY272,238—21.22

What history shows

This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.1% on average the next trading day and was up 3.7% on average after five days (12 filings with price data).

Across 57 similar disclosures by other Chemicals companies, shares moved −0.7% on average the next day and −0.5% over five days; 42% of them rose the next day.

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
16 Sept 2026Management change+9.1%+15.8%
16 Sept 2026Management change+9.1%+15.8%
10 Sept 2026Resignation of Director/KMP/SMP−1.5%+3.2%
9 Sept 2026Appointment of Mr SANJEEV KUMAR as Managing Director of the company…−2.1%+1.8%
9 Sept 2026Resignation of Mr RAJKUMAR BENIWAL as Managing Director of the…−2.1%+1.8%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.