Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Appointment of Mr. Vishwas Joglekar as Additional Director designated as ....
Awaiting price reaction for this filing.
Gammon India Ltd has appointed Mr. Vishwas Madhusudan Joglekar (DIN: 11145778) as an Additional Director designated as Independent Director, effective 11 June 2025. The appointment was made by the Board based on the recommendation of the Nomination & Remuneration Committee. Mr. Joglekar will hold office until the next Annual General Meeting, and if approved by shareholders, will serve a five-year term ending 10 June 2030. He is a civil engineering graduate from VNIT Nagpur (1981) with extensive experience in infrastructure, thermal power, and industrial construction projects, including prior stints at Gammon India itself. He is not related to any existing director or key managerial personnel and is not debarred by SEBI from holding a director position.
This is a routine independent director appointment with no governance red flags. The new director brings relevant construction-sector experience which may strengthen board oversight, but the move is unlikely to materially impact the stock price on its own.