Gujarat State Petronet Limited has informed the Exchange regarding Appointment of Smt. Avantika Singh Aulakh, IAS as Joint Managing Director of the company w.e.f. December 24, 2025.
Awaiting price reaction for this filing.
Gujarat State Petronet Limited has appointed Smt. Avantika Singh Aulakh, a 2003-batch IAS officer, as Joint Managing Director (additional director) effective December 24, 2025. She was nominated by the company's promoter Gujarat State Petroleum Corporation Limited (GSPC). She previously served as Additional Principal Secretary to the Chief Minister of Gujarat and has over two decades of administrative experience across districts like Ahmedabad, Vadodara, Bharuch, and Anand. Her background includes engineering from NSIT Delhi, a Master's in Public Administration from Harvard, and leadership roles at Gujarat Maritime Board, GIDB, and Gujarat Rail Infrastructure Development Corporation. The appointment was confirmed via a board circular resolution dated January 3, 2026, and she is not debarred by SEBI nor related to any existing director or KMP.
A senior government-cadre bureaucrat joining as Joint MD brings strong administrative and governance experience but is unlikely to materially change the company's business direction in the near term. The announcement is largely procedural and is not expected to have a significant impact on the stock price.