Gujarat Industries Power Company Limited has informed the Exchange about appointment of A K RAKESH as Nominee Director of the company w.e.f. 02-May-2022.Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of Articles of Association of Company and Government of Gujarat, Energy & Petrochemicals, Dept. Resolution dated 26/04/2022, the Directors of the Company have today approved the nomination of Shri A K Rakesh, IAS, as a Nominee Director (Nominee of Government of Gujarat) and as a Chairman of the Company, with immediate effect i.e. w.e.f. 02/05/2022. Brief Profile of Shri A K Rakesh, IAS (DIN: 00063819) is enclosed herewith. It is hereby confirmed that he is not related to any of the Directors of the Company and he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.Kindly take the above on your records.
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