BSEGallops Enterprise LtdMediumNeutral
Announced Wed, 13 May · 17:21 IST

Appointment of Mr. Riken Bhanuprasad Patel as an Additional Non Executive Independent Director of the Company

Management Changes View source PDF

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AI summary

Gallops Enterprise Limited announced two key appointments from its Board meeting on May 13, 2026. Mr. Riken Bhanuprasad Patel has been appointed as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. Mr. Patel is a construction professional with a Diploma in Construction Technology and extensive field experience. Additionally, Mr. Hemant Vijaykumar Bhatkar has been appointed as the Chief Financial Officer effective the same date. He brings nearly 5 years of experience in Finance and Accounts. Both appointments were recommended by the Nomination and Remuneration Committee.

Likely market impact

These appointments strengthen the Company's board independence and fill a critical KMP position in finance. The Independent Director appointment is positive for governance standards, though it remains subject to member approval at the next general meeting.