The Board of Directors in their Board Meeting Held on Today i.e May 13 ,2026 have Appointed Mr. Riken Bhanuparsad Patel as an Additional Non- Executive Independent Director and Appointed ....
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Gallops Enterprise Ltd's Board of Directors met on May 13, 2026 and approved two key appointments. Mr. Riken Bhanuprasad Patel was appointed as an Additional (Non-Executive) Independent Director for a five-year term, effective immediately, subject to shareholder approval. Patel is a construction professional with a Diploma in Construction Technology. Simultaneously, Mr. Hemant Vijaykumar Bhatkar was appointed as Chief Financial Officer (CFO), bringing nearly 5 years of experience in Finance and Accounts. Both appointments were recommended by the Nomination and Remuneration Committee (NRC). The meeting lasted 25 minutes.
The appointment of an additional independent director strengthens board independence and governance. The new CFO appointment fills a critical KMP position. Both changes are positive governance developments but unlikely to have immediate material impact on the stock given the small-cap nature of the company.