
Management Change22 Sept 2026, 12:38 pm
GP Petroleums Appoints Rahul Shetty as Independent Director
AI Summary
GP Petroleums Ltd announced the appointment of Mr. Rahul Arun Shetty as an Additional Non-Executive Independent Director. The appointment is for a period of two years, commencing September 21, 2026, and is subject to member approval. Mr. Shetty brings over 20 years of experience in investment banking and real estate, having previously worked with Lehman Brothers, Nomura, and Barclays. He is currently the Founder & Director of Optimus Investments and serves as a Non-Executive Independent Director for Vedanta Power. His appointment was recommended by the Nomination and Remuneration Committee and will also see him join the Audit Committee and the Corporate Social Responsibility (CSR) Committee.
Key Highlights
- Rahul Arun Shetty appointed as Additional Non-Executive Independent Director.
- Appointment is for a two-year term starting September 21, 2026.
- Shetty has over 20 years of experience in investment banking and real estate.
- He will also serve on the Audit and CSR Committees.
- Appointment subject to shareholder and regulatory approvals.
Price Impact
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