Gujarat Pipavav Port Limited has informed the Exchange regarding Change in Director(s) of the company.
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Awaiting price reaction for this filing.
Gujarat Pipavav Port Limited has disclosed two changes approved by the Board via circular resolution on 21st July 2025. First, Price Waterhouse Chartered Accountants LLP is retiring as statutory auditor after completing two consecutive five-year terms (as required under Section 139(2) of the Companies Act, 2013), and M S K A & Associates (an Indian partnership firm and independent BDO International member, established 1978, with offices in 12 Indian cities) is being proposed as the new statutory auditor for five years. Second, Mr. Samir Chaturvedi, currently CEO of Noatum Logistics with over 40 years of experience in logistics and shipping, is being re-appointed as Independent Director for a second five-year term from 12 November 2025 to 11 November 2030. Both items are subject to shareholder approval at the AGM on 4 September 2025.
Both changes are routine and regulatory-driven rather than concerning. The auditor switch is a mandatory rotation after completion of two terms, and the Independent Director's re-appointment suggests continuity on the board. Shareholders are unlikely to see any negative price impact from this disclosure.