The Government of Gujarat has withdrawn the nomination of T. Natarajan, IAS, as Managing Director of Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC). The company has confirmed the development in an exchange filing, stating that a notification from the state government has officially rescinded his earlier appointment proposal.
The Government of Gujarat has officially withdrawn its earlier nomination of T. Natarajan, IAS, for the position of Managing Director at Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC), according to the company’s regulatory filing to the stock exchanges.
The development marks a significant administrative change within the state-owned enterprise, which operates under the Department of Fertilizers and Chemicals. Natarajan, a senior IAS officer, was earlier proposed to lead GNFC, a key player in the fertilizers and chemicals sector.
Key Developments:
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The withdrawal notification was issued by the Government of Gujarat and communicated to GNFC on December 24, 2025.
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The company informed the stock exchanges of the decision in compliance with SEBI’s disclosure norms.
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GNFC has not yet announced a new nomination or interim arrangement for the Managing Director’s position.
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The decision follows recent administrative reshuffles within Gujarat’s state-run enterprises.
Source: BSE filing, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Department of Industries & Mines, Government of Gujarat.