BSEGujarat State Petronet LtdHighNeutral
Announced Mon, 3 Nov · 17:39 IST

GSPL informs that the Board of Directors of GSPL vide its Circular Resolution dated 3rd November 2025, appointed Shri Manoj Kumar Das, IAS, Director of GSPL as Chairman & Managing Director ....

Ceo Appointed ExternalManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat State Petronet Ltd (GSPL) has appointed Shri Manoj Kumar Das, IAS as the new Chairman & Managing Director of the company, effective 1st November 2025. The appointment was made via a circular resolution of the Board dated 3rd November 2025, based on the nomination by promoter Gujarat State Petroleum Corporation Limited (GSPC). Shri Manoj Kumar Das was already serving as a Director on the GSPL board and is currently the Chief Secretary to the Government of Gujarat. He is an IIT-Kharagpur graduate with extensive administrative experience across districts and departments, including a prior stint as Joint Managing Director of GSPC. The company confirmed he is not debarred from holding a directorship by any SEBI order and is not related to any existing director.

Likely market impact

This is a leadership transition at a government-promoted entity, with a senior IAS officer stepping into the top role. For shareholders, the appointment brings continuity as the appointee was already on the board, and ties with the state government promoter remain strong through GSPC's nomination.