Prof. Shailesh Gandhi Ceases as Independent Director of GMDC
Gujarat Mineral Development Corporation Limited (GMDC) has informed the stock exchanges that Prof. Shailesh Gandhi has completed his tenure as an Independent Director on December 31, 2025. He has ceas...
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Why is Gujarat Mineral Development Corporation Limited in the news today?
Gujarat Mineral Development Corporation Limited (GMDCLTD) is in the news due to the announcement is a routine update regarding the completion of tenure for an independent director, which is a standard corporate governance procedure and does not inherently carry a positive or negative financial implication for the company.
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Prof. Shailesh Gandhi Ceases as Independent Director of GMDC
January 2, 2026, 01:07 PM
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Gujarat Mineral Development Corporation Limited (GMDC) has informed the stock exchanges that Prof. Shailesh Gandhi has completed his tenure as an Independent Director on December 31, 2025. He has ceased to be a member of the Board of Directors of the company upon completion of his two consecutive terms.
The company has officially intimated this cessation of tenure to the National Stock Exchange of India and the Bombay Stock Exchange Ltd. as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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