GAELNSEGujarat Ambuja Exports Limited· Solvent ExtractionMediumNeutral
Announced Tue, 31 Mar · 12:35 IST

Gujarat Ambuja Exports Limited has informed the Exchange regarding Cessation of Mr. Vishwavir Saran Das (DIN: 03627147) as Independent Director of the company w.e.f. close of business hour on March 31, 2026.

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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹135.52
prior close
₹137.00
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+2.0+1.9+2.7+1.8+4.0+7.9+6.0+9.2+12.8+14.0+12.5+14.7+12.2+20.0
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AI summary

Gujarat Ambuja Exports Limited has informed the exchanges that Mr. Vishwavir Saran Das (DIN: 03627147) ceased to be an Independent Director of the company with effect from close of business hours on March 31, 2026. The cessation is because he completed his second consecutive term as an Independent Director, which is the maximum permitted under company law. The company has submitted the required disclosure under SEBI Listing Regulations. The announcement is signed by Company Secretary Kalpesh Dave.

Likely market impact

This is a routine, expected governance event — an independent director finishing his second term — and is unlikely to have any material impact on the company's operations or stock price. Shareholders should watch for the appointment of a new independent director to fill the vacancy and maintain board composition requirements.