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Gujarat Pipavav Port Limited ( (IN:GPPL) ) just unveiled an update.
Gujarat Pipavav Port Limited has disclosed that Gujarat Maritime Board nominee Mr. Rajkumar Beniwal, IAS, has resigned from the company’s Board of Directors, with the resignation communicated via GMB’s email forwarding his formal letter. The port operator emphasized that despite this change in board composition, it will continue to comply with Regulation 17 of SEBI’s Listing Obligations and Disclosure Requirements regarding Board composition, signaling that corporate governance and regulatory requirements remain intact and that no immediate operational disruption is anticipated for stakeholders.
More about Gujarat Pipavav Port Limited
Gujarat Pipavav Port Limited, operated as APM Terminals Pipavav, runs a commercial port in Gujarat, India, providing container, bulk and other cargo handling services to domestic and international trade. The company is listed on Indian stock exchanges and operates under the regulatory framework of SEBI’s Listing Obligations and Disclosure Requirements, with oversight links to the Gujarat Maritime Board (GMB).
Average Trading Volume: 184,689
Technical Sentiment Signal: Strong Buy
Current Market Cap: 88.42B INR
Find detailed analytics on GPPL stock on TipRanks’ Stock Analysis page.