Shri Pankaj Joshi, IAS has resigned as the Chairman and Managing Director of GSPL
Awaiting price reaction for this filing.
Shri Pankaj Joshi, IAS has resigned as Chairman and Managing Director of Gujarat State Petronet Ltd, effective 31st October 2025. The resignation is due to his superannuation (retirement) as Chief Secretary to Government of Gujarat, based on a GAD notification dated 28th October 2025. He has also stepped down from board positions in 7 other state-linked companies including GSFC, GNFC, GSPC, Gujarat Gas, and others. The company has not yet announced a successor. The resignation letter was received by GSPL on 1st November 2025 and disclosed under SEBI Listing Regulations.
This is a routine government-driven leadership change tied to IAS superannuation rather than any performance or governance issue. Near-term impact is expected to be neutral, though some uncertainty may persist until a new CMD is appointed.