GPT Infraprojects Limited has informed the Exchange regarding Change in Director(s) of the company.
GPTINFRA · price
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GPT Infraprojects' board met on September 24, 2025, and noted the unfortunate demise of Non-Executive Chairman Late Shri Dwarika Prasad Tantia. In his place, promoter Dr. Om Tantia (DIN:00001342), a founding member and medical practitioner with over 41 years of experience, was appointed as Additional Non-Executive Director designated as Chairman, subject to shareholder approval via postal ballot. Mr. Atul Tantia was elevated from Executive Director & CFO to Joint Managing Director & CFO, also pending shareholder approval. The board also adopted a new set of Memorandum and Articles of Association aligned with the Companies Act, 2013, and reconstituted the CSR Committee with Dr. Om Tantia as Chairman.
The transition is a seamless promoter-family succession following the chairman's death, which should provide continuity and stability for shareholders. Short-term sentiment may be muted due to the loss, but the appointment of an experienced promoter and elevation of a qualified family member to a senior management role signals long-term leadership stability.