The Board of Directors in its meeting held on 23rd January 2026 discussed and approved the change in designation of Mr. Vijay Thakkar as Chairman and Managing Director of the Company with ....
Awaiting price reaction for this filing.
GB Global Ltd's board, at its meeting on 23 January 2026, approved two key leadership changes. Mr. Vijay Thakkar (DIN: 00189355), previously Chairman Non-Executive Director, has been redesignated as Managing Director and Chairman of the company. Separately, Mr. Dev Thakkar (DIN: 07698270) resigned from the post of Chairman Non-Executive Director citing personal reasons, effective the closing hours of 23 January 2026. The filings note that Vijay Thakkar is the husband of Mrs. Tanam Thakkar (existing Woman Director), and the resignation letter is signed 'Dev Vijay Thakkar', indicating Vijay is Dev's father. Other operational agenda items were also noted.
This is a promoter-family board reshuffle that consolidates executive authority in Vijay Thakkar, who now holds the combined MD & Chairman role. Shareholders should note greater promoter family control at the top, while Dev Thakkar's exit for personal reasons is unlikely to disrupt operations. Watch for governance comfort given the concentration of power in one family member.