Gujarat Fluorochemicals amends Articles of Association, clarifies director retirement

Gujarat Fluorochemicals Limited announced on December 15, 2025, that its shareholders have approved alterations to the company's Articles of Association. This approval was granted via a special resolution passed through a postal ballot on December 12, 2025. The amendment specifically concerns Para two of Article 58.

The updated Article 58 now clarifies that managing directors, deputy managing directors, and independent directors will not be liable to retire by rotation, while all other directors will retire as per Section 152 of the Companies Act, 2013. The provision stating no directors are required to hold qualification shares remains unchanged.

The company further announced that the resolution regarding the alteration of the Articles of Association received 8,55,84,349 votes in favour (100.00% of valid votes cast) from 427 members, with only 114 votes against (0.00%) from 12 members, demonstrating overwhelming shareholder support.

Additionally, two ordinary resolutions were passed concerning director appointments and remuneration. Mr. Niraj Kishore Agnihotri was appointed as director and whole-time director, and Mr. Shesh Narayan Pandey was also appointed to the same roles. Both appointments and their respective remuneration packages received substantial shareholder approval.