Gammon India Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 (SEBI LODR 2015) Appointment of Ajay Bhatnagar as Additional Director designated as Non-Executive (Independent Director) of the Company'.
Awaiting price reaction for this filing.
Gammon India Limited announced the appointment of Mr. Ajay Bhatnagar as Additional Director designated as Non-Executive Independent Director, effective from 30 May 2026. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Ajay Bhatnagar holds a B.E. in Civil Engineering from Pune University and a certificate from IICA, MCA Govt. of India's Independent Director Program. He brings extensive experience in infrastructure and construction, having served as Project Manager, General Manager, and Head of Construction at Gulf Star Contracting LLC in Dubai, and as an Independent Consultant for infrastructure projects. The company stated the appointment can be beneficial to the company. Ajay Bhatnagar is not related to any existing Director or Key Managerial Personnel of the company.
This is a routine board appointment that strengthens the company's board with an experienced independent director. No immediate impact on stock price expected, but adds governance credibility given Bhatnagar's infrastructure expertise.