Gujarat: Gujarat State Fertilizers & Chemicals Limited (GSFC) has issued a postal ballot notice seeking shareholder approval for the appointment of two senior IAS officers to its Board. The resolutions propose the appointment of Dr. Rajender Kumar, IAS as Managing Director and Director, and Mr. Ashwani Kumar, IAS as Director of the company.
Postal Ballot Voting Details
The company has informed BSE Limited (Scrip Code: 500690) and the National Stock Exchange of India (Symbol: GSFC) about the postal ballot under SEBI Listing Regulations. Key details include:
- Cut-off Date for Eligibility: February 13, 2026
- Remote E-Voting Period: February 21, 2026 (9:00 a.m. IST) to March 22, 2026 (5:00 p.m. IST)
- Result Declaration: On or before March 24, 2026
- E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
- Scrutinizer: Mr. Niraj Trivedi, Practicing Company Secretary
Voting is strictly via remote e-voting, with no physical postal ballot forms sent. Shareholders can access the notice on GSFC’s official website (www.gsfclimited.com) and CDSL e-voting portal (www.evotingindia.com).
Appointment of Dr. Rajender Kumar, IAS as Managing Director
Dr. Rajender Kumar, IAS (DIN: 07161855) was appointed as Additional Director and Managing Director of GSFC effective January 3, 2026, following the Government of Gujarat’s order. The Board of Directors approved his appointment based on the Nomination and Remuneration Committee’s recommendation.
Profile of Dr. Rajender Kumar:
- Age: 47 years (Born February 18, 1978)
- Qualification: B.A.M.S. in Ayurvedic Medicine, 2004-batch IAS, Gujarat Cadre
- Experience:
- District Administration: Served as DDO, Collector & DM of key districts, improving public service, health, education, and disaster management
- Government of India (2016-2021): Director in PMO, worked on Swachh Bharat, Smart Cities, PMAY, Ayushman Bharat, National Education Policy 2020, and pandemic response
- International (2021-2024): Advisor to the World Bank Executive Director, GEF Council member, representing India, Bangladesh, Bhutan, and Sri Lanka
- Current Positions: Secretary to Government of Gujarat (Tourism, Civil Aviation, Pavitra Yatradham Vikas Board) and Commissioner of Transport
- Other Directorships: Gujarat State Road Transport Corporation
- GSFC Committee Roles: Chairman of CSR Committee & Risk Management Committee, Member of Stakeholders’ Relationship Committee
- Tenure: 5 years from January 3, 2026, or until further government orders
- Remuneration: Draws salary from the Government of Gujarat; no remuneration from GSFC
Appointment of Mr. Ashwani Kumar, IAS as Director
Mr. Ashwani Kumar, IAS (DIN: 06581753) was appointed as Additional Director of GSFC effective January 28, 2026, replacing Mr. S J Haider, IAS (Retd.), based on the Government of Gujarat’s order and Board recommendation.
Profile of Mr. Ashwani Kumar:
- Age: 50 years (Born April 28, 1975)
- Qualification: B.Tech in Chemical Engineering (IIT Kanpur), Master’s in Public Services, Policy & Management (King’s College, London), 1997-batch IAS, Gujarat Cadre
- Experience: Over 25 years in public administration and governance, including roles in urban development, housing, infrastructure, and energy policy
- Current Role: Principal Secretary, Energy and Petrochemicals Department, Gujarat
- Other Directorships: Gujarat State Petroleum Corporation, Gujarat Urja Vikas Nigam, Gujarat Power Corporation, Gujarat Energy Transmission Corporation, Gujarat Gas, Gujarat Narmada Valley Fertilizers & Chemicals
- GSFC Committee Membership: Nomination & Remuneration Committee
- Tenure & Remuneration: Non-Executive, Non-Independent Director, liable to retire by rotation; entitled to sitting fees and out-of-pocket expenses only
Regulatory Compliance and Shareholder Approval
As per SEBI Listing Regulations (Regulation 17(1C)), shareholder approval is required for these appointments within three months of the officer’s appointment.
- Dr. Rajender Kumar: Approval required by April 2, 2026
- Mr. Ashwani Kumar: Approval required by April 27, 2026
The Board of Directors and Nomination & Remuneration Committee recommended both appointments, citing their extensive experience in governance, policy, and strategic leadership at state, national, and international levels as valuable for GSFC.
About GSFC
Gujarat State Fertilizers & Chemicals Limited (GSFC) is a leading public sector company in Gujarat engaged in the manufacturing and marketing of fertilizers, chemicals, and industrial products. Established to support agricultural growth and industrial development in the state, GSFC plays a key role in promoting sustainable farming practices, innovation in chemical production, and contributing to India’s agro-industrial sector.
