GPT Infraprojects Limited , a prominent player in the infrastructure sector, has announced significant changes to its leadership structure following a recent board meeting. The company has appointed Dr. Om Tantia as the new Chairman and elevated Mr. Atul Tantia to the position of Joint Managing Director & CFO, subject to shareholder approval.

New Chairman Appointed

Dr. Om Tantia, a promoter of the company, has been appointed as an Additional Non-Executive Director and designated as the Chairman of GPT Infraprojects. This appointment comes in the wake of the unfortunate demise of the former Chairman, Shri Dwarika Prasad Tantia. Dr. Om Tantia brings a wealth of experience to the role, with over 41 years as a medical practitioner and as a founding member of ILS Hospital.

Elevation of Atul Tantia

In a strategic move, the board has approved the change in designation of Mr. Atul Tantia from Executive Director & CFO to Joint Managing Director & CFO. Mr. Tantia, who holds degrees from the Wharton School and the School of Engineering and Applied Science at the University of Pennsylvania, has over 20 years of experience in manufacturing, infrastructure, finance, and corporate governance.

Corporate Governance Updates

The board meeting also approved several other significant changes:

1. Adoption of a new Memorandum of Association (MOA) and Articles of Association (AOA) aligned with the Companies Act, 2013, subject to shareholder approval.
2. Reconstitution of the Corporate Social Responsibility Committee, with Dr. Om Tantia as the Chairman.
3. Approval of a postal ballot notice to seek shareholder approval for the aforementioned changes.

Leadership Profiles

Dr. Om Tantia

• Over 41 years of experience as a medical practitioner
• Founding member of ILS Hospital
• Medical Director and HOD of MABS department at ILS Hospital, Kolkata
• Co-founder and promoter of GPT Infraprojects

Mr. Atul Tantia

• B.S. in Finance from Wharton School and B.S. in Systems Engineering from SEAS, University of Pennsylvania
• Over 20 years of experience in manufacturing, infrastructure, finance, and corporate governance
• Brother of Mr. Vaibhav Tantia, Director & COO of the company

The board meeting, which commenced at 3:00 P.M. and concluded at 3:30 P.M., marks a new chapter in GPT Infraprojects' corporate journey. These leadership changes and governance updates are expected to steer the company towards continued growth and success in the infrastructure sector.

Shareholders will have the opportunity to vote on these changes through a postal ballot, as the company seeks to align its leadership and governance structures with its strategic objectives and regulatory requirements.

GPT Infraprojects Limited announced the passing of its Non-Executive Chairman and Promoter, Shri Dwarika Prasad Tantia, on August 17, 2025. The company informed the stock exchanges of this development on August 18, 2025, in compliance with SEBI regulations.

A Visionary Leader

Dwarika Prasad Tantia was a key figure in shaping GPT Infraprojects and the broader GPT Group. He held 26,00,000 shares in the company and was instrumental in establishing its foundation and guiding its progress through his leadership and vision. The company described him as a "true karmyogi and samaj sevak" who led the Group with integrity, wisdom, and a deep sense of purpose.

Contributions Beyond Business

Tantia's influence extended beyond his role at GPT Infraprojects. He served as the Honorary Consul of the Republic of Ghana in Kolkata, demonstrating his commitment to fostering international relations. His leadership style was characterized by adherence to high corporate governance standards and a focus on strategic initiatives and corporate social responsibility.

Legacy and Impact

The company statement highlighted Tantia's role in inspiring excellence, fostering unity, and guiding the company through challenges with strength and humility. His contributions were not limited to strategic leadership but encompassed a broader vision for the company's growth and social impact.

Continuity Assurance

In its communication to stakeholders, GPT Infraprojects assured that its operations and prospects remain unchanged. The company expressed its commitment to upholding Tantia's legacy by advancing the mission and values he established during his tenure.

Company Response

The directors and employees of GPT Infraprojects have expressed their deep condolences and extended heartfelt sympathies to the bereaved family. The company's leadership reaffirmed its dedication to honoring Tantia's legacy while continuing to pursue the company's established goals and values.

GPT Infraprojects Limited, with its registered office in Kolkata, is listed on both the National Stock Exchange of India and the BSE Limited. The company's management has assured all customers, employees, and stakeholders of its continued commitment to the vision set forth by Dwarika Prasad Tantia.