Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement ) Regulation, 2015, read with Schedule III, we inform you that the tenure ....
Awaiting price reaction for this filing.
Gammon India Ltd has announced the completion of tenure of Mr. Kashi Nath Chatterjee as an Independent Director of the company. His tenure expired on 2nd May 2026, marking the natural end of his term as per the company's corporate governance norms. The company acknowledged that the required intimation under SEBI regulations was delayed, being filed on 8th May 2026 instead of the expected 3rd May 2026. Mr. Kashi Nath Chatterjee (DIN: 09160384) ceases to be an Independent Director with effect from 2nd May 2026. The company expressed gratitude for his valuable contribution and guidance during his association.
This is a routine corporate governance event reflecting the natural expiry of an independent director's term. The delayed intimation raises minor compliance concerns but does not indicate any fundamental governance weakness or strategic shift. Shareholders should note the board composition change, though no immediate share price impact is expected from this routine transition.