G K Consultants director resigns effective May 22

1 min read Updated on 22 May 2026, 10:13 PM

Reviewed by

Naman SScanX News Team

AI Summary

G K Consultants Limited announced the resignation of Mr. Bakhshish Gupta as Non-Executive, Non-Independent Director effective May 22, 2026, due to personal reasons. He has also ceased to be a member of the Nomination and Remuneration Committee.

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G K Consultants Limited has informed the stock exchanges regarding the resignation of Mr. Bakhshish Gupta from its board. Mr. Gupta stepped down from the position of Non-Executive, Non-Independent Director effective from the close of business hours on May 22, 2026. The resignation was submitted due to personal reasons, as stated in the regulatory filing.

Following this development, Mr. Bakhshish Gupta has also ceased to be a member of the Nomination and Remuneration Committee of the company. In his resignation letter, the director confirmed that the decision was driven solely by personal reasons and that there were no other material factors involved. He expressed gratitude to the board and management for their support during his tenure.

The company has stated that the necessary regulatory formalities, including the filing of Form DIR-12 with the Registrar of Companies, will be completed. The disclosures have been made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Resignation

S. No.	Particulars	Information
1.	Reason for change	Resignation due to personal reasons
2.	Date of Cessation	May 22, 2026
3.	Position vacated	Non-Executive, Non-Independent Director

Historical Stock Returns for GK Consultants

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.95%	-2.17%	+5.68%	-13.59%	-35.43%	+583.78%

Who will G K Consultants Limited appoint as a replacement for the vacated Non-Executive, Non-Independent Director position, and what timeline is the board considering for this transition?

How will the vacancy in the Nomination and Remuneration Committee affect G K Consultants Limited's upcoming executive compensation reviews or leadership hiring decisions?

Could Mr. Gupta's departure signal any broader strategic or governance changes at G K Consultants Limited in the near future?

Agenda for the Meeting

The primary agenda for the board meeting includes the consideration and approval of the audited financial results for the company. The board will review the financial statements for the quarter and year ended on March 31, 2026, along with the Auditor's Report. Furthermore, the directors will discuss ongoing business propositions and any other matters that may arise with the permission of the chair.

Trading Window Closure

In accordance with the company's code of conduct for the prevention of insider trading, the trading window for dealing in the company's securities has been closed since April 1, 2026. This restriction applies to all designated persons, their immediate relatives, and other concerned individuals covered under the code. The window will remain closed until 48 hours after the declaration of the audited financial results. It is scheduled to re-open on Monday, June 1, 2026.

Meeting Details

The notice for the meeting was sent via electronic mail to the board members. The company has requested the directors to make themselves available to attend the meeting. The intimation regarding the board meeting was also submitted to the Bombay Stock Exchange Limited, where the company is listed with scrip code 531758.

Historical Stock Returns for GK Consultants

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.95%	-2.17%	+5.68%	-13.59%	-35.43%	+583.78%

How might G.K. Consultants Limited's audited financial results for FY2026 compare to its previous year's performance, and what growth trajectory could investors expect?

What strategic business propositions are likely to be discussed at the board meeting that could signal future expansion or diversification plans for the company?

How could the reopening of the trading window on June 1, 2026 influence institutional and retail investor sentiment toward scrip code 531758 on the BSE?