Satendra Singh joins Rashtriya Chemicals as Government Nominee Director; stock zooms ~2%

22 Jul 2022 , 12:05 PM

Rashtriya Chemicals and Fertilizers Limited informed that the Department of Fertilizers, Ministry of Chemical and Fertilizers, Government of India has appointed Satendra Singh as a Government Nominee Director on the company’s Board.

His appointment shall be effective from July 20, 2022.

Satendra Singh is a member of the 1995 batch of the Indian Administrative Service (IAS) from the Jharkhand Cadre. He is currently employed as an Additional Secretary and Financial Advisor in the Ministry of Chemicals and Fertilizers’ Department of Fertilizers of the Government of India in New Delhi.

Singh worked in the Jharkhand State Government in various roles. He has worked for Land Revenue Management District Administration at the district level. In Jharkhand, he held the position of Director in the Departments of Panchayati Raj/Local Self Government, Transportation, and Information Technology.

He brings abundant experience of working in government and public sector, to the company.

At around 12.09 PM, Rashtriya Chemicals was trading at Rs87.60 up by Rs1.7 or 1.98% from its previous closing of Rs85.90 on the BSE. The scrip opened at Rs85.95 and has touched intraday high and low of Rs88.45 and Rs85.95 respectively.