Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, for Completion of Tenure of executive Director and Chairman of the Company, Mr. Sandeep Sheth.
Awaiting price reaction for this filing.
Gammon India has informed stock exchanges that the term of Mr. Sandeep Sheth (DIN: 08781589) as Executive Director and Chairman of the company expired on 9th August 2025. He has accordingly ceased to hold the position of Executive Director and Chairman with effect from the same date. The disclosure was filed under Regulation 30 of SEBI LODR Regulations, 2015. Mr. Sheth did not hold directorships in any other listed entity, and no other details about appointment or relationship disclosure are applicable since this is a cessation event. The filing has been signed by Ajit Desai, the Chief Executive Officer of the company.
A leadership change at the Chairman and Executive Director level, though triggered by routine term expiry rather than resignation, may create short-term uncertainty about board continuity and strategic direction until a replacement is announced by the company.