Fertilizers and Chemicals Travancore Limited Announces Cessation of Non-Official Independent Director
Fertilizers and Chemicals Travancore Limited announced the cessation of Shri M Chandran as a director on its Board, effective June 20, 2026. The departure is due to the completion of his three-year tenure.Following the change in board composition, Shri M Chandran will also cease to hold the position of Chairman across several key company committees. These roles include the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee of the company.
Details pertaining to this director's tenure and status are summarized below:
| Requirement | Disclosure |
|---|---|
| Reason for Change | Cessation on completion of tenure |
| Date of appointment / cessation and term | With effect from June 20, 2026 |
| Brief Profile | Not Applicable (NA) |
FACT Stock Price Movement
On Friday, shares of Fertilizers and Chemicals Travancore Limited shed value, settling at ₹884.85 after the equity dropped 7.30%. The stock saw a total traded volume of 1.63 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.