Gujarat Industries Power Company Limited Announces Senior Management Changes with New Executive Director Appointment

1 min read     Updated on 02 Jan 2026, 01:00 PM
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Overview

Gujarat Industries Power Company Limited has made strategic senior management appointments effective January 1, 2026. Naresh Kumar Purohit joins as Executive Director (Mines) on a fixed-term contract, bringing over 35 years of mining expertise with M.Tech and MBA qualifications. Rajendra Prasad Paliwal has been promoted from AGM to GM (RE Projects), strengthening the renewable energy division leadership.

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Gujarat Industries Power Company Limited has announced key changes in its senior management team, filing the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on January 2, 2026.

Executive Director (Mines) Appointment

The company has appointed Shri Naresh Kumar Purohit as Executive Director (Mines) on a fixed-term contract, effective January 1, 2026. The appointment details are outlined below:

Parameter: Details
Position: Executive Director (Mines)
Contract Type: Fixed Term Contract
Effective Date: January 1, 2026
Educational Qualifications: M.Tech in Industrial Engineering & Management, MBA in HR & Marketing
Experience: Over 35 years in mining operations and mine management

Shri Purohit brings substantial expertise to the role, with his extensive background positioning him as an established leader in mining operations. His dual qualifications in technical and management fields, combined with more than three decades of noteworthy expertise in the mining sector, align with the company's operational requirements.

Management Promotion in Renewable Energy Division

Simultaneously, the company has announced the promotion of Shri Rajendra Prasad Paliwal from Assistant General Manager (RE Projects) to General Manager (RE Projects), also effective January 1, 2026.

Parameter: Details
Previous Position: Assistant General Manager (RE Projects)
New Position: General Manager (RE Projects)
Change Type: Internal Promotion
Effective Date: January 1, 2026

Regulatory Compliance and Documentation

The appointments were formally communicated to both BSE Limited and National Stock Exchange of India Limited through proper regulatory channels. Company Secretary and Compliance Officer CS Shalin Patel signed the disclosure documents, ensuring compliance with SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024.

Both appointments indicate no relationships between the appointees and existing directors of the company, maintaining independence in the management structure. These strategic appointments reflect the company's commitment to strengthening its operational capabilities across mining and renewable energy sectors.

Historical Stock Returns for Gujarat Industries Power Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%+2.14%+1.69%-26.45%-29.99%+84.89%
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Gujarat Industries Power Company Re-appoints Chief General Manager (Thermal)

0 min read     Updated on 01 Jan 2026, 11:56 AM
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Overview

Gujarat Industries Power Company Ltd has re-appointed Shri C S Jadeja as Chief General Manager (Thermal) effective January 1, 2026. The appointment was disclosed under SEBI Listing Regulations in compliance with regulatory requirements, ensuring continuity in the company's thermal power operations leadership.

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Gujarat Industries Power Company Ltd has announced the re-appointment of Shri C S Jadeja as Chief General Manager (Thermal), effective January 1, 2026. The disclosure was made in compliance with Regulation 30 of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024.

Key Appointment Details

The company has provided specific details regarding this leadership appointment as part of its regulatory compliance obligations.

Parameter: Details
Nature of Change: Re-appointment
Position: Chief General Manager (Thermal)
Appointee: Shri C S Jadeja
Effective Date: January 1, 2026

Regulatory Compliance

The appointment disclosure follows the structured format required under SEBI regulations for listed companies. Gujarat Industries Power Company has fulfilled its obligation to inform stakeholders about key managerial appointments through this formal announcement.

The re-appointment indicates continuity in the company's thermal power operations leadership, with Shri C S Jadeja continuing in his role overseeing the thermal power generation segment of the business.

Historical Stock Returns for Gujarat Industries Power Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%+2.14%+1.69%-26.45%-29.99%+84.89%
Gujarat Industries Power Company
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