
Management Change12 Aug 2026, 12:47 pm
Gujarat Petrosynthese Re-appoints Joint MDs for 5 Years
AI Summary
Gujarat Petrosynthese Limited announced the re-appointment of Ms. Urmi Prasad and Ms. Charita Thakkar as Joint Managing Directors for a term of five years, effective April 1, 2027, to March 31, 2032. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Ms. Thakkar's re-appointment also requires Central Government approval due to her Non-Resident Indian status. The company's Board of Directors also approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. The 49th Annual General Meeting is scheduled for September 23, 2026.
Key Highlights
- Ms. Urmi Prasad and Ms. Charita Thakkar re-appointed as Joint MDs for five years.
- Re-appointments are effective from April 1, 2027, to March 31, 2032.
- Shareholder and Central Government approvals are pending for the re-appointments.
- Unaudited standalone financial results for Q1 FY27 were approved.
- The 49th AGM will be held on September 23, 2026.
Price Impact
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