Gujarat Energy EVP Yogiraj Navathe retires on August 29

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Yogiraj Navathe ceases to be Executive Vice President
  • Departure effective August 29, 2026, due to superannuation
  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • Sandeep Dave confirmed the change as Company Secretary
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*this image is generated using AI for illustrative purposes only.

Gujarat Energy Limited announced that Executive Vice President Yogiraj Navathe has ceased to be senior management personnel following his superannuation. The change in senior management took effect after office hours on August 29, 2026.

The company disclosed the personnel change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sandeep Dave, Company Secretary of Gujarat Energy Limited, confirmed the intimation to stock exchanges.

Management Change Details

The disclosure confirms the departure of a key executive from the senior management team. The details of the change are as follows:

Particulars Details
Name Yogiraj Navathe
Designation Executive Vice President
Effective Date August 29, 2026
Reason Superannuation

Gujarat Energy Limited filed the intimation with both the BSE and NSE. The company code for BSE is 539336 and for NSE is GUJENERGY. The filing was issued on August 29, 2026.

Historical Stock Returns for Gujarat Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.78%-4.64%-4.05%-37.46%-40.10%-64.15%

Who has been appointed as the successor to Yogiraj Navathe, and what is their professional background?

How might this leadership transition impact Gujarat Energy's strategic roadmap for renewable energy expansion?

Are there any pending regulatory approvals or major projects currently overseen by Navathe that require immediate handover protocols?

Gujarat Energy recommends ₹8.90 per share dividend for FY26

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Gujarat Energy schedules its 14th AGM for September 29, 2026
  • Board recommends ₹8.90 per share dividend for FY26, subject to approval
  • Record date for dividend entitlement is set for September 11, 2026
  • Remote e-voting opens on September 25 and closes on September 28
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Gujarat Energy Limited has scheduled its 14th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars.

The company’s Board of Directors, in a meeting held on May 30, 2026, recommended a dividend of ₹8.90 per equity share of face value ₹2 each (representing 445% of face value) for FY26. This recommendation is subject to approval by shareholders at the upcoming AGM.

Key Dates for Shareholders

Particulars Relevant Date
Record Date for Dividend Friday, September 11, 2026
Cut-off Date for E-voting Eligibility Tuesday, September 22, 2026
Remote E-voting Period September 25 to September 28, 2026
AGM Date Tuesday, September 29, 2026
Dividend Payout Deadline On or before October 28, 2026

Shareholders must be on the register as of the close of business on September 11, 2026, to receive any dividend declared at the meeting. The payout will be made to beneficial owners listed by depositories and physical shareholders with valid transfers processed by that date.

E-voting and Notice Details

Remote e-voting will commence at 9:00 am on Friday, September 25, 2026, and conclude at 5:00 pm on Monday, September 28, 2026. The cut-off date to determine voting eligibility is September 22, 2026.

In line with regulatory guidelines, the AGM notice and the Annual Report for FY26 will be dispatched electronically to members with registered email addresses. Physical copies will not be sent unless specifically requested under applicable regulations.

The company secretary, Sandeep Dave, confirmed these arrangements in a regulatory filing dated August 27, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE844O01030/6526ea93-1540-49c7-ac39-33feb76ebbab.pdf

Historical Stock Returns for Gujarat Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.78%-4.64%-4.05%-37.46%-40.10%-64.15%

How does the proposed 445% dividend payout ratio impact Gujarat Energy Limited's future capital allocation and reinvestment capabilities?

What factors contributed to the significant dividend recommendation for FY26, and is this level of shareholder return sustainable in subsequent fiscal years?

How might the fully virtual AGM format influence shareholder engagement levels and voting participation compared to previous hybrid or physical meetings?

More News on Gujarat Energy

1 Year Returns:-40.10%