Management Change1 Jun 2026, 04:29 pm
GSFC: Lalit Gupta Appointed Director, Daiya P.L. Ceases to be Director
AI Summary
Shri Lalit Gupta, Senior Divisional Manager at LIC of India, Gandhinagar, has assumed the office of Director on the Board of Directors of Gujarat State Financial Corporation (GSFC) on June 01, 2026. This appointment follows his nomination by the Life Insurance Corporation of India, Mumbai, replacing Shri Daiya P.L., who ceased to be a Director effective May 31, 2026. The changes are pursuant to Section 10 (d) of the State Financial Corporations Act, 1951.
Key Highlights
- Lalit Gupta appointed as Director of Gujarat State Financial Corporation on June 01, 2026.
- Lalit Gupta replaces Daiya P.L., who ceased to be a Director effective May 31, 2026.
- Appointment made under Section 10 (d) of the State Financial Corporations Act, 1951.
- Lalit Gupta is not debarred from holding the office of Director by SEBI.
Price Impact
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