G R Infraprojects Limited has informed the Exchange regarding Resignation of Mr. Sibanarayan Nayak as Senior Management Personnel of the company w.e.f. December 31, 2025.
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G R Infraprojects Limited has informed the exchanges about the resignation of Mr. Sibanarayan Nayak from the position of President – Corporate Affairs and Development, classified as a Senior Management Personnel (SMP). Mr. Nayak tendered his resignation via email on November 2, 2025, and his last working day was December 31, 2025. In his resignation letter, he cited personal reasons – wanting a more relaxed work life and pursuing social and developmental interests. The company stated there are no material reasons behind the resignation and appreciated his contributions. Mr. Nayak was handling the Tower Manufacturing Plant and BOP (Build-Operate-Transfer) initiatives, and requested a successor to be assigned for a smooth handover before his exit.
This is a senior-level exit but not from the top executive (CEO/CFO) or board level. Shareholders should watch how quickly the company fills this role, especially since Mr. Nayak was overseeing key business areas like the Tower Manufacturing Plant and BOP projects. Smooth succession will be important to maintain operational continuity.