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| Exchange Received Time 13/07/2018 15:42:00 Exchange Disseminated Time 13/07/2018 15:42:06 Time Taken 00:00:06 | Dear Sir,
In terms of Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we hereby inform that Government of Gujarat (GoG) vide its Notification No.AIS/35.2018/24/G dated 12/7/2018 has withdrawn the nomination of Dr. Rajiv Kumar Gupta, IAS as Government Director from date he relinquishes the charge as Managing Director of the Company .
Vide aforesaid Notification, GoG has nominated Shri M.S. Dagur, IAS as Government Director on the Board of the company from the date he assumes the charge as Managing Director. Shri M.S. Dagur, IAS will be formally appointed as Managing Director of the company at the ensuing Board Meeting.
The necessary formalities with regard to handing ~ taking-over the charge will be completed in due course. Hence the exact date of relinquishment and taking over the charge will be intimated to the Exchange shortly.
We request you to kindly take note of the above.
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