Gujarat State Petronet Limited (GSPL) has announced a significant change in its leadership, appointing Shri Manoj Kumar Das, IAS as the new Chairman and Managing Director. This strategic move, effective from November 1, 2025, marks a new chapter for the company's governance and operational direction.

Key Appointment Details

Professional Background

Shri Manoj Kumar Das brings a wealth of experience to his new role at GSPL. His educational background and professional journey showcase a blend of technical expertise and administrative acumen:

Notable Positions

Das has held several key positions that underscore his extensive experience in public administration and the energy sector:

• Joint Managing Director at Gujarat State Petroleum Corporation Limited (GSPC)
• Director on the Board of GSPC LNG Limited
• Board Member of Gujarat State Police Housing Corporation Limited

Regulatory Compliance

In line with regulatory requirements, GSPL has confirmed that Shri Manoj Kumar Das is not debarred from holding the office of Director by any SEBI order. The company has also clarified that he is not related to any existing director on the GSPL board, ensuring compliance with corporate governance norms.

The appointment of Shri Manoj Kumar Das as the Chairman and Managing Director of Gujarat State Petronet Limited signifies a strategic move for the company. His diverse experience in public administration, coupled with his technical background, positions him well to lead GSPL in navigating the complex landscape of the energy sector. Stakeholders will be keenly watching how his leadership influences the company's future strategies and operations in the dynamic petronet industry.

Gujarat State Petronet Limited (GSPL) has announced a significant change in its top leadership. Shri Pankaj Joshi, IAS (DIN: 01532892) has resigned from his position as Chairman and Managing Director (CMD) of the company, effective October 31, 2025. This move comes as part of a broader reshuffle affecting multiple state-owned enterprises in Gujarat.

Resignation Details

The resignation of Shri Pankaj Joshi is directly linked to his superannuation as Chief Secretary to the Government of Gujarat, as per the General Administration Department (GAD) Notification No. AIS/35.2025/51/G dated October 28, 2025. Gujarat State Petronet received the official resignation letter on November 1, 2025, as disclosed in their filing to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Widespread Impact on Gujarat's State Enterprises

Joshi's departure extends beyond Gujarat State Petronet, affecting several other prominent state-owned companies. His resignation letter, addressed to the Chief Minister of Gujarat, outlines his simultaneous exit from multiple leadership roles:

Implications and Next Steps

This simultaneous resignation from multiple key positions in Gujarat's energy and fertilizer sectors signals a significant shift in the state's corporate governance landscape. The move may lead to a series of new appointments across these vital state enterprises.

Gujarat State Petronet has not yet announced a successor for the CMD position. As per standard corporate governance practices, the board of directors is expected to initiate the process of identifying and appointing a new CMD to ensure smooth continuity of operations.

Investors and stakeholders will be keenly watching how this change in leadership might affect the strategic direction and operational efficiency of Gujarat State Petronet and the other affected companies in the coming months.