Gujarat Gas Limited has announced a significant leadership transition with the appointment of a new Managing Director, as communicated to stock exchanges.

Leadership Transition Details

The Government of Gujarat, through its Notification No. AIS/35.2025/56/G, has implemented key administrative changes affecting the company's top management. The notification covers both the transfer of the current Managing Director and the appointment of his successor.

Administrative Process

Shri Milind Torawane, IAS, has been transferred from his position as Managing Director of Gujarat Gas Limited to serve as Principal Secretary to Government, Education Department, specifically overseeing Primary and Secondary Education. This transfer is effective until further orders from the government.

Smt. Avantika Singh Aulakh, IAS, has been appointed as the new Managing Director of Gujarat Gas Limited, taking over the responsibilities from Shri Torawane. Her appointment represents continuity in the company's administrative leadership structure.

Regulatory Compliance

The company has filed this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with mandatory disclosure requirements. Gujarat Gas Limited has indicated that:

• Necessary formalities related to the appointment will be completed in due course
• Updates regarding the appointment process will be provided after obtaining approval from the competent authority
• All procedural requirements will be fulfilled as per regulatory guidelines

Company Background

Gujarat Gas Limited operates as a GSPC Group Company and is a Government of Gujarat Undertaking. The company is engaged in gas distribution services and maintains its corporate office in Gandhinagar, Gujarat. The leadership change reflects the government's administrative restructuring while ensuring continued operational oversight of the gas distribution entity.

Gujarat Gas Limited has announced a Board meeting scheduled for January 20, 2026, to review and approve its financial performance for the third quarter of fiscal year 2026. The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about this important corporate development through a regulatory filing dated December 19, 2025.

Board Meeting Details

The meeting agenda focuses on the consideration and approval of both standalone and consolidated un-audited financial results for the quarter ended December 31, 2025. This announcement comes in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In accordance with the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons, Gujarat Gas Limited has implemented a trading window closure. This measure ensures compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

During this period, designated persons and their immediate relatives will be restricted from trading in the company's equity shares. The trading window will reopen after the announcement of the quarterly financial results.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements by informing the stock exchanges and making arrangements for publication of the notice. Company Secretary Sandeep Vishnuprasad Dave signed the official communication, ensuring proper documentation and compliance with listing obligations.

The notification has been submitted to both stock exchanges for record-keeping and website dissemination. This scheduled Board meeting represents a standard quarterly practice for listed companies to review financial performance and maintain transparency with stakeholders and regulatory authorities.