Cessation

Fertilizers and Chemicals Travancore Limited (FACT) has announced the cessation of Mr. M. Chandran as a Non-Executive Independent Director. This change is effective from June 20, 2026, upon the completion of his three-year term. Consequently, Mr. Chandran will also step down as Chairman of the company's Audit Committee, Nomination and Remuneration Committee, and Risk Management Committee. For investors, this signifies a routine board refreshment due to a term completion, with the impact largely dependent on subsequent appointments to these key governance roles. No immediate financial figures or decisions were part of this announcement.