Intimation Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Appointment of Dr Lily Bhushan as Director designated as an Independent Women Director.
Awaiting price reaction for this filing.
Gammon India has appointed Dr. Lily Bhushan (DIN: 10984447) as an Additional Director designated as an Independent Woman Director, effective 25 March 2025. Her appointment was recommended by the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming Annual General Meeting. If approved, she will serve a five-year term ending 24 March 2030 and will not be liable to retire by rotation. Dr. Bhushan holds a PhD in Labour Economics from Lucknow University and brings 41 years of teaching experience, currently serving as Principal of KES' B K Shroff College in Kandivali. She is not related to any existing director or key managerial personnel of the company, and is not debarred from holding office by any authority.
This is a routine board-level appointment that strengthens Gammon India's compliance with SEBI's requirement for an independent woman director on the board. It is unlikely to have any direct impact on the stock price but signals governance continuity for shareholders.