Management Change6 May 2026, 07:30 am
Gallantt Ispat: Independent Directors Resign
AI Summary
Gallantt Ispat Ltd announced the resignation of two independent directors, Mrs. Smita Modi (DIN: 01141396) and Mr. Pankaj Khanna (DIN: 10377030), effective from the close of business hours on May 5th, 2026. Both directors cited work pressure, pre-occupation, lack of time, and other engagements as reasons for their resignation. The Board acknowledged their contributions and recorded their resignations.
Key Highlights
- Mrs. Smita Modi resigned as Independent Director effective May 5, 2026.
- Mr. Pankaj Khanna resigned as Independent Director effective May 5, 2026.
- Both directors cited work pressure and time constraints as reasons.
- The Board expressed gratitude for their services.
Price Impact
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