The Board has approved the appointment of Secretarial Auditor, Cost Auditor, CFO/KMP, Interim CFO/KMP and CRO
Awaiting price reaction for this filing.
At its 12 August 2025 meeting, GSPL's board approved several appointments. M/s SPANJ & Associates was named Secretarial Auditor for five years (FY2026 to FY2030), and M/s R. K. Patel was appointed Cost Auditor for FY2025-26. Director Shri M.M. Srivastava (IAS Retd.) resigned with immediate effect and was replaced by Shri M.K. Das (IAS, 1990 batch), nominated by promoter Gujarat State Petroleum Corporation (GSPC). The board also appointed Shri Lokesh Agarwal as the new CFO and KMP, with a joining date on or before 30 November 2025, and named Shri Amit Shah (current Senior Manager - F&A) as Interim CFO until Agarwal joins. Both were additionally designated as Chief Risk Officer (CRO) in their respective capacities.
This is routine board-level housekeeping with no negative governance signals. The director change is a routine promoter (GSPC) nominee swap, and the CFO transition is smoothly managed with an interim arrangement to ensure continuity of financial leadership.