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The latest update is out from Gujarat Mineral Development Corporation Limited ( (IN:GMDCLTD) ).
Gujarat Mineral Development Corporation Limited has announced a change in its board, following an office order from the Government of Gujarat appointing senior IAS officer Sandeep Kumar as a Non-Executive, Non-Independent Director with effect from 22 January 2026, replacing Arti Kanwar. Kumar, who currently serves as Secretary (Economic Affairs) in the state Finance Department and brings over two decades of public administration experience across sectors including power, urban development and rural administration, is expected to strengthen GMDC’s governance and align the company more closely with the state’s economic and energy policy priorities; his appointment is subject to shareholder approval and he has no disclosed relationships with existing directors or key managerial personnel.
More about Gujarat Mineral Development Corporation Limited
Gujarat Mineral Development Corporation Limited (GMDC) is a Government of Gujarat enterprise engaged in the mineral and mining sector, operating under state ownership with a focus on resource development in Gujarat. The company functions as a key public sector undertaking supporting the state’s industrial and economic activities through mineral exploration and related operations.
Average Trading Volume: 382,669
Technical Sentiment Signal: Buy
Current Market Cap: 165.3B INR
For detailed information about GMDCLTD stock, go to TipRanks’ Stock Analysis page.