Gammon India appoints Ajay Bhatnagar as Independent Director

1 min read Updated on 31 May 2026, 02:38 AM

Reviewed by

Riya DScanX News Team

AI Summary

Gammon India Limited appointed Ajay Bhatnagar as Additional Director designated as Non-Executive Independent Director effective May 30, 2026. The Board approved the appointment following a recommendation from the Nomination and Remuneration Committee. Bhatnagar, a civil engineer with extensive infrastructure experience, is unrelated to existing directors or key managerial personnel.

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Gammon India Limited has appointed Ajay Bhatnagar as an Additional Director designated as Non-Executive Independent Director, effective May 30, 2026. The Board approved the appointment based on the recommendation of the Nomination and Remuneration Committee. Bhatnagar brings extensive experience in infrastructure and construction to the company, which is expected to benefit its operations.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited. The company stated that Bhatnagar is not related to any Director or Key Managerial Personnel of Gammon India Limited.

Director Profile

Ajay Bhatnagar holds a B.E. in Civil Engineering from Pune University and a certificate from the Independent Director Program conducted by IICA under the Ministry of Corporate Affairs, Government of India. His professional background includes significant roles in the infrastructure and construction sectors.

Key Details of Appointment

Particulars	Information
Name of Director	Mr. Ajay Bhatnagar
Designation	Additional Director (Non-Executive Independent Director)
Date of Appointment	May 30, 2026
Committee Recommendation	Nomination and Remuneration Committee
Relationship with Directors/KMP	None

Bhatnagar's previous roles include serving as Project Manager and General Manager, Head of Construction at Gulf Star Contracting LLC in Dubai, UAE, and as an Independent Consultant for Infrastructure Projects.

How will Ajay Bhatnagar's international experience in the Gulf region influence Gammon India's strategy for overseas expansion?

What specific infrastructure sectors will Bhatnagar prioritize to drive operational efficiency and growth?

Could this appointment signal a shift in Gammon India's board composition towards more independent oversight?

Appointment Details

The appointment of CMA Pradeep Damania is for the financial year 2026-27. The firm registration number is 101607, and the membership number is 8625. The auditor has confirmed consent and eligibility under Section 141 of the Companies Act, 2013, read with Sections 139 and 148 of the Act.

Auditor Profile

CMA Pradeep Damania is a practicing Cost Accountant with extensive experience in cost audit, cost records maintenance, cost compliance, management consultancy, and advisory services. The appointment is within the limits prescribed under Section 141(3)(g) read with Section 148 of the Companies Act, 2013.