Announced Sat, 6 Sept · 18:40 IST

Outcome of Board Meeting, result in resignation of Mr. Deepak Kumar Gangwani from the post of Whole Time Director

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GDL Leasing & Finance Ltd informed BSE that its Board of Directors, at a meeting held on 6 September 2025, accepted the resignation of Mr. Deepak Kumar Gangwani (DIN: 00761959) from the post of Whole Time Director, effective the same day. The announcement was made under SEBI LODR Regulation 30 read with Schedule III. No specific reason for the resignation has been disclosed in the filing. The Board did not announce any immediate replacement. The filing notes that Mr. Gangwani is not related to any other director on the Board.

Likely market impact

A key managerial personnel exit without a disclosed reason or immediate replacement may raise short-term governance concerns among shareholders. Investors should watch for further disclosures on succession planning and any reasons communicated later.