GK Energy Limited Board Meeting Approves Regularization of Independent Director

GK Energy Limited Board Meeting Approves Regularization of Independent Director​

GK Energy Limited announced that its Board of Directors, at a meeting held on Tuesday, April 07, 2026, approved several key business decisions concerning its governance structure.

The board took action regarding the regularization of Mr. Subhash Vasant Ghaisas (DIN: 11479724) as a Non-Executive Independent Director. Following the recommendation of the Nomination and Remuneration Committee, the Board approved regularizing Mr. Ghaisas, who was previously appointed as an Additional Non-Executive Independent Director. This regularization pertains to a tenure as a Non-Executive Independent Director who is not liable to retire by rotation. The approval is subject to the membership approval for a term spanning five consecutive years, from February 13, 2026, to February 12, 2031.

To facilitate this, the Board also approved the issuance of a Notice of Postal Ballot and E-voting. This notice seeks the approval of the Company's members for the regularization of Mr. Subhash Vasant Ghaisas (DIN: 11479724) as a Non-Executive Independent Director.

Furthermore, the board appointed CS Avanti Kashinath Rajwade, a Practicing Company Secretaries, to serve as Scrutinizer for conducting the postal ballot e-voting process.

The Board Meeting commenced at 08:00 A.M. and concluded at 08:22 A.M.

GK Energy Limited, which was formerly known as GK Energy Private Limited and GK Energy Marketers Private Limited, issued the update detailing these corporate decisions.

GKENERGY Stock Price Movement​

On Monday, GK Energy Limited shares edged higher, rallying 2.14% and gaining ₹1.98 to settle at ₹94.65. The stock activity on Monday recorded a total volume of 757,444 shares traded.

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