Rudra Gas Enterprise Limited has announced the resignation of its Chief Financial Officer and Key Managerial Personnel, Shrusti Mulani, effective from December 31, 2025. The company informed BSE Limited about this key management change on December 10, 2025, through a formal regulatory filing.

Resignation Details

The resignation was communicated to the stock exchange in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details about the departure as required under the regulatory framework.

Official Communication

In her resignation letter dated December 10, 2025, Shrusti Chandulal Mulani formally tendered her resignation from the position of Chief Financial Officer. She specifically mentioned personal reasons and the pursuit of other avenues in her professional career as the driving factors behind her decision.

Mulani confirmed in her communication that there are no other material reasons for her resignation beyond those stated. She expressed gratitude for the opportunities and trust extended to her during her tenure with the company and indicated her hope to stay connected in the future.

Regulatory Compliance

The announcement was made by Kush Suresh Bhai Patel, Managing Director of Rudra Gas Enterprise Limited, ensuring full compliance with stock exchange notification requirements. The company has requested BSE Limited to take the resignation on record and will arrange for the submission of necessary forms with the Registrar of Companies, Gujarat.

The resignation represents a significant change in the company's key management personnel structure as Rudra Gas Enterprise Limited continues its operations in the infrastructure development sector.

Rudra Gas Enterprise Limited (RGEL) has announced a significant business development, securing a substantial contract from Bharat Petroleum Corporation Limited (BPCL). The company's stock responded positively to the news, hitting the 5% upper circuit following the announcement.

Contract Details

Rudra Gas Enterprise has received a Letter of Award from BPCL for a project valued at ₹33.22 crore (excluding taxes). The contract involves MDPE (Medium Density Polyethylene) pipeline laying and associated works for City Gas Distribution Projects in Alipurduar and Coochbehar, West Bengal.

Project Scope

The project is divided into three parts:

The scope of work includes:

• MDPE Pipeline laying
• Last Mile Connectivity (LMC)
• Direct Marketing Agency (DMA) activities

Timeline and Execution

The project has been given an eight-month completion timeline:

• Seven months for mechanical work
• One month for commissioning

The effective date of the order will be determined by BPCL's letter of award for each part of the project.

Market Impact

Following the announcement, Rudra Gas Enterprise's stock hit the 5% upper circuit, reflecting positive investor sentiment towards this significant contract win.

Company Statement

Kush Patel, Managing Director of Rudra Gas Enterprise Limited, confirmed the contract award through an official disclosure to the BSE Limited under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

This contract represents a notable achievement for Rudra Gas Enterprise, potentially strengthening its position in the gas infrastructure sector and contributing to its future growth prospects.