Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for completion of tenure of Mr. Kashi Nath Chatterjee (DIN: 09160384) as Independent Director of the Company.'.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gammon India Limited has announced the completion of tenure of Mr. Kashi Nath Chatterjee (DIN: 09160384) as Independent Director, effective 2nd May, 2026. The company acknowledged his valuable contribution and guidance during his association. The filing was submitted late — the intimation was due on 3rd May 2026 but was filed on 8th May 2026, which the company attributed to inadvertent delay. No replacement director has been announced at this time.

Likely market impact

The exit of an Independent Director reduces board independence. Investors should monitor whether the company appoints a replacement to maintain the required board composition, especially given the late filing raising some governance concerns.