Gujarat Gas Ltd Chairman Shri Raj Kumar Resigns Due to Superannuation
Team Finance Saathi
01/Feb/2025

What's covered under the Article:
- Shri Raj Kumar's resignation as Chairman of Gujarat Gas Ltd due to superannuation, effective January 31, 2025.
- A list of companies where Shri Raj Kumar served as Chairman and Director.
- Details about the official resignation letter and related government notifications.
Gujarat Gas Limited, part of the GSPC Group and a significant player in the natural gas industry, has announced the resignation of Shri Raj Kumar, IAS (Retd.), from his position as Chairman and Director of the company, effective January 31, 2025, following his superannuation as the Chief Secretary to the Government of Gujarat. This decision marks the end of his tenure at Gujarat Gas Ltd, where he had been steering the company towards growth and sustainability. Shri Raj Kumar's resignation was officially conveyed in a letter, which was sent to the Board of Directors, and has been formally accepted. A copy of this resignation letter has been enclosed in the official communication from Gujarat Gas Ltd.
Leadership Change at Gujarat Gas Ltd
Shri Raj Kumar's resignation reflects the natural transition following his retirement from his role as Chief Secretary to the Government of Gujarat, as outlined in the GAD Notification No. AIS/35.2025/08/G, dated January 24, 2025. This change also affects his positions in several other prominent companies, including Gujarat State Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers & Chemicals, and Gujarat State Petronet Limited. His leadership was instrumental in enhancing the operational capabilities and governance frameworks across the entities he led.
The resignation process adhered to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance and transparency in the process. Gujarat Gas Ltd has informed both the BSE Limited and National Stock Exchange of India Ltd about this change, and has requested both to update their records accordingly. The resignation letter, officially signed by Shri Raj Kumar, includes a list of companies where he held significant roles and responsibilities.
For a more detailed understanding of corporate governance transitions in public sector companies like Gujarat Gas Ltd, readers can refer to ongoing updates on leadership changes and the impact on business strategies.
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