Gujarat Mineral Development Corporation Limited has informed the Exchange regarding Cessation of Prof Shailesh Gandhi Independent Director as Independent Director of the company w.e.f. December 31, 2025.
GMDCLTD · price
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Prof. Shailesh Gandhi has ceased to be an Independent Director of GMDC effective December 31, 2025, after completing two consecutive terms on the board. The company has informed both NSE and BSE about this change as required under SEBI listing regulations. This is a routine end-of-tenure event and not a mid-term resignation. The filing was made by the Company Secretary, Joel Evans, on January 2, 2026.
This is a routine regulatory disclosure with no material impact on the stock. Shareholders should expect the company to appoint a new Independent Director in due course to fill the vacant board seat, as required by SEBI norms.