We would like to inform you that board meeting of the company was held on 25-11-2025, and there has been appointment and resignation of the directors as attached in the disclosure
Awaiting price reaction for this filing.
The board of Gopal Iron & Steels Co. (Gujarat) Ltd held a meeting on 25 November 2025 and approved the appointment of Mr. Harshil Chandreshbhai Patni as an Additional Non-Executive Non-Independent Director. It also appointed Mr. Nirav Shantilal Thakkar as an Additional Executive Director in the capacity of Managing Director; both appointments need shareholder approval at the next general meeting. At the same meeting, the board accepted the resignations of Mr. Prabhubhai Laxmanbhai Patel (Non-Executive Non-Independent Director) and Mr. Prafful Jagdishbhai Burad (Independent Director), both citing personal commitments and preoccupations, effective 25 November 2025. Mrs. Kundanben Patel continues as Managing Director who signed the filing.
The most material change is a new Managing Director with prior agro-commodities sector experience, which may signal a strategic pivot for the company. The loss of one independent director weakens board oversight until a replacement is inducted, though this is a routine disclosure with no immediate price impact expected.