FACT Recruitment 2025: Apply for Chairman and Managing Director Post – Eligibility, Dates, Application Process

The Public Enterprises Selection Board (PESB) has invited applications for the post of Chairman & Managing Director (CMD) at The Fertilizers and Chemicals Travancore Limited (FACT), a Schedule ‘A’ CPSE under the Ministry of Chemicals and Fertilizers. The position, which became vacant on February 2, 2024, offers a pay scale of ₹200,000–₹370,000 (IDA) and a tenure of five years or until superannuation.

Eligible candidates must be at least 45 years old, currently employed in a regular capacity in specified sectors, and possess relevant qualifications with a minimum of five years’ experience in leadership roles across functions such as finance, operations, or project management. Applications must be submitted online through the PESB portal by July 24, 2025.

Recruitment of Chairman and Managing Director at FACT

The Public Enterprises Selection Board (PESB) has officially announced a recruitment notification for the post of Chairman & Managing Director (CMD) at The Fertilizers and Chemicals Travancore Limited (FACT)—a Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Ministry of Chemicals and Fertilizers. This is an opportunity of national significance for eligible professionals aspiring to lead one of India’s premier fertilizer and petrochemical enterprises.

Company Profile: The Fertilizers and Chemicals Travancore Limited (FACT)

Job Responsibilities

As CMD of FACT, the selected candidate will act as the Chief Executive Officer (CEO), accountable to the Board of Directors, Government of India, and shareholders. Key responsibilities include:

1. Strategic planning and execution to meet business targets.
2. Ensuring operational efficiency and financial performance.
3. Leading organizational transformation and stakeholder engagement.
4. Overseeing project execution, marketing, and business development initiatives.

Eligibility Criteria

1. Age Limit

2. Employment Status

The candidate must be working on a regular (not contractual/ad-hoc) basis in any of the following:

• Central Public Sector Enterprises (CPSEs)
• Central Government Group ‘A’ services (including Armed Forces, AIS)
• Public Sector Banks/Financial Institutions/Autonomous Bodies
• State Public Sector Enterprises (with ₹1500 crore+ turnover)
• Private Sector Companies (with ₹1500 crore+ turnover)

Note by AUBSP: Preference is given to candidates from listed private companies.

3. Educational Qualifications

The applicant should hold any of the following degrees:

• Engineering Graduate
• Chartered Accountant (CA)
• Cost Accountant (CMA)
• Post Graduate
• Graduate with MBA/PGDIM from a leading institute

4. Work Experience

Minimum 5 years of cumulative experience in the last 10 years in areas like:

• Finance
• Business Development
• Production
• Operations
• Marketing
• Project Management

Experience in the fertilizers or chemicals sector will be considered an added advantage.

5. Pay Scale Eligibility (for CPSE Candidates)

Eligible IDA Pay Scales

• ₹8,250–9,250 (Pre-1992)
• ₹11,500–13,500 (Post-1992)
• ₹23,750–28,550 (Post-1997)
• ₹62,000–80,000 (Post-2007)
• ₹1,50,000–3,00,000 (Post-2017)

Eligible CDA Pay Scales

• ₹22,400–24,500 (Pre-revised)
• ₹67,000–79,000 (Post-2006)
• ₹1,82,200–2,24,100 (Level 15)

Experience/Level Requirement Based on Organization Type

How to Apply

Step-by-Step Process

1. Visit PESB Website: https://pesb.gov.in
2. Fill the online form.
3. Choose either:
   • Submit directly online; or
   • Take printout and send through proper channel.

Proper Channels for Submission

Documents for Private Sector Applicants

Private sector candidates must enclose:

1. Annual reports of the past 3 financial years (URL or copies)
2. Listing status proof (URL or documents)
3. Board-level experience evidence
4. Age & qualification proof (self-attested)
5. Details of relevant job experience

Mandatory Undertaking

Applicants must commit to joining the post if selected. Failure to do so will result in debarment.

Debarment Policy

Note by AUBSP: No relaxation is permissible for unwillingness post-selection.

Important Dates

Contact and Submission Address

All correspondence must be addressed to:

Secretary,
Public Enterprises Selection Board,
Public Enterprises Bhawan, Block No. 14,
CGO Complex, Lodhi Road,
New Delhi – 110003

FAQs on FACT Recruitment 2025

What is the position being advertised by PESB?
The position is for Chairman & Managing Director (CMD) at The Fertilizers and Chemicals Travancore Limited (FACT).

When did the vacancy for CMD at FACT arise?
The vacancy occurred on February 2, 2024.

What is the last date to submit the application for CMD at FACT?
The last date for applicants to submit the online application is July 24, 2025, by 03:00 PM.

What is the last date for nodal officers to forward applications to PESB?
Applications must be forwarded by nodal officers by August 4, 2025, before 05:00 PM.

Who is eligible to apply for the CMD position at FACT?
Candidates must be at least 45 years old, working in a regular capacity in CPSEs, Central/State Government, Armed Forces, Public Sector Banks, Financial Institutions, or private companies with an annual turnover of ₹1500 crore or more.

What is the upper age limit for candidates?
Candidates must have a minimum residual service of 2 years (internal candidates) or 3 years (others) with respect to the superannuation age of 60 years.

What is the tenure of appointment for the CMD at FACT?
The appointment is for five years, or until superannuation, or until further orders, whichever is earlier.

What is the pay scale for CMD at FACT?
The pay scale is ₹200,000–₹370,000 (IDA pattern).

What educational qualifications are required?
Applicants must be an Engineering Graduate, Chartered Accountant, Cost Accountant, Post Graduate, or a Graduate with MBA/PGDIM from a leading institute.

Is experience in the fertilizer or chemical sector mandatory?
It is not mandatory but considered an added advantage.

What kind of experience is required for the CMD role?
At least 5 years of cumulative experience in the last 10 years in Finance, Business Development, Production, Operations, Marketing, or Project Management.

Is private sector experience considered?
Yes, provided the company has an average annual turnover of ₹1500 crore in the last three financial years and the candidate is at the Board-level position.

Is experience at Board level mandatory?
Yes, candidates from private and State PSEs must be working at Board level. Others have specific position requirements as per their sector.

Are contractual employees eligible to apply?
No, the candidate must be in a regular employment capacity, not contractual or ad-hoc.

How should private sector candidates apply?
They can submit the application directly to PESB with supporting documents such as company reports, board-level proof, and qualification certificates.

What is the method of application submission?
Applications must be submitted online via the PESB website, with options to forward online or take a printout and send it offline through the proper channel.

What documents are needed for private sector applicants?
Documents include annual reports, board-level proof, listing status, age/qualification certificates, and details of roles handled.

What happens if a candidate refuses to join after selection?
They may face a 2-year debarment from being considered for any Board-level CPSE post, depending on the stage of withdrawal.

Where can the application form be filled?
On the official PESB website: https://pesb.gov.in/

Can below-Board level officers in CPSEs apply?
Yes, but the application must be forwarded through the concerned CPSE.

Where is the FACT headquarters located?
FACT’s headquarters is in Eloor, Udhyogamandal, Ernakulam, Kerala.

What is the total employee strength at FACT?
As of March 31, 2025, FACT had 1,518 regular employees, including 642 executives and 876 non-executives.

What is the capital structure of FACT?
As of March 31, 2025, the authorized capital is ₹1000 crore, and the paid-up capital is ₹647.07 crore.

What is the government shareholding in FACT?
The Government of India holds 90% of the shares.

Which ministry controls FACT administratively?
FACT operates under the Department of Fertilizers, Ministry of Chemicals and Fertilizers.

Who should Central Government officers route their application through?
They must route it through their Cadre Controlling Authority.

Who should route applications for Public Sector Bank officers?
Their applications should be sent through their Administrative Ministry or Department.

Are there any relaxations in pay scale service length?
Yes, the minimum length of service in the eligible pay scale has been relaxed.

Can applications be sent after the deadline?
No, applications received after the due date will be rejected.

What is the contact address for PESB?
Secretary, Public Enterprises Selection Board,
Public Enterprises Bhawan, Block No. 14,
CGO Complex, Lodhi Road,
New Delhi – 110003.

This recruitment to the position of Chairman & Managing Director at FACT is a strategic and influential opportunity for capable leaders with a proven track record in large-scale operations. AUBSP advises eligible professionals from both public and private sectors to apply after careful assessment of criteria and submission protocol.

For more verified updates and expert guidance on PSU and Government career opportunities, keep visiting AUBSP.com