The Board of Directors in its meeting held on 23rd January 2026 discussed and approved the resignation of Mr. Dev Thakkar-Chairman Non-Executive, Non-Independent Director from the Board ....
Awaiting price reaction for this filing.
GB Global Ltd's board met on 23 January 2026 and approved two key changes. Mr. Dev Thakkar resigned from his position as Chairman Non-Executive Director due to personal reasons, effective close of business on 23 January 2026 (resignation letter dated 19 January 2026). In parallel, Mr. Vijay Thakkar's designation was changed to Managing Director and Chairman of the company. Vijay Thakkar has a background in real estate and construction and is the husband of existing woman director Mrs. Tanam Thakkar. The company filed the disclosures under SEBI LODR Regulation 30 with detailed annexures. No other operational or financial items were disclosed beyond the board changes.
A sudden chairman-level exit alongside consolidation of the top role in the hands of one person may raise governance questions for retail investors. With Vijay Thakkar now both MD and Chairman, combined with his family connection to another director, shareholders should watch for clear strategic direction and any related-party governance disclosures in the coming quarters.