Gallantt Ispat Limited has informed the Exchange regarding Change in Director(s) of the company.
GALLANTT · price
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Gallantt Ispat Limited has announced two new board appointments effective April 1, 2026, each for a five-year term subject to shareholder approval. Mr. Dindayal Jalan, a Chartered Accountant and former Group CFO of Vedanta Resources Plc UK and CFO of Vedanta Limited with over four decades of experience in metals and mining, joins as Whole-time Director designated as Vice Chairman. Mr. Atul Kumar Gupta, a retired Chief Secretary to the Government of Uttar Pradesh (2008–2011) with prior experience as an Independent Director at Godfrey Phillips India and Pakka Limited, joins as Non-Executive Independent Director. Neither appointee is related to any existing Director on the Board, and the company confirmed none of the directors are debarred by SEBI or any other authority.
The appointments add heavyweight governance and financial expertise to the board, with the ex-Vedanta CFO's profile potentially boosting investor confidence in capital management. Shareholders will need to approve the appointments at the upcoming general meeting, but the moves are broadly seen as board strengthening rather than disruptive.