Appointment of Mr. Paragkumar Raval as Additional (Independent) Director of the Company w.e.f. 24th May, 2025, subject to approval of members
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Gujarat Natural Resources Ltd has appointed Mr. Paragkumar Prakashchandra Raval as an Additional Independent Director on its board, effective 24th May 2025. He is 45 years old, holds an LLB degree, and has over 18 years of experience as an Advocate in the Gujarat High Court. He will serve for a five-year term, subject to approval from shareholders at the next general meeting. The company confirmed he has not been debarred from holding any directorship by SEBI or other authorities, and he has no relationship with any existing directors on the board.
This is a routine governance update to strengthen the board with legal expertise. It is unlikely to have any immediate material impact on the stock price or operations, though shareholders will need to approve his appointment at the next general meeting.