
Management Change19 Sept 2026, 02:00 pm
Gujarat Industries Power Director Ceases Post 5-Year Term
AI Summary
Gujarat Industries Power Company Ltd announced that Shri Narendra Nath Misra, an Independent Director, has completed his maximum tenure of five years (second term) and ceased to be a Director on the Board. This cessation is effective from the conclusion of the company's 41st Annual General Meeting (AGM) on September 19, 2026. The change is in accordance with Section 149(11) of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No further details regarding his profile or relationships were provided as per the disclosure requirements.
Key Highlights
- Independent Director completes maximum tenure of five years.
- Cessation effective from the 41st AGM on September 19, 2026.
- Change aligns with Companies Act and SEBI regulations.
- No further profile details or relationship disclosures provided.
Price Impact
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