The Board of Directors of Gujarat Mineral Development Corporation Limited appointed Prof. Amit Karna as an Additional Independent Director on the Board with effect from 21st October 2026.
The Board also appointed Prof. Amit Karna as a Member of the Audit Committee of the Company.
The appointment is for a period of five consecutive years, and he is not liable to retire by rotation.
The appointment is subject to approval of the shareholders in compliance with the requirements of SEBI (LODR) Regulations, 2015 and the Companies Act, 2013, as amended from time to time.
Director Profile and Qualifications
Prof. Amit Karna is a Professor of Strategy at the Indian Institute of Management Ahmedabad (IIMA), where he has been a faculty member since 2014.
He is currently the Dean, Alumni & External Relations at IIMA (with effect from 5th June 2026) and a Member of the Board of Governors of IIMA.
He holds a Ph.D. (Strategy) from IIMA (Fellow Programme in Management, 2004–2009).
Prior to joining IIMA, he was an Assistant Professor at EBS Business School, Germany (2009–2014).
He has been a visiting scholar at the Haas School of Business, University of California, Berkeley, and the University of Sydney Business School.
At IIMA, he has chaired the Centre for Innovation, Incubation and Entrepreneurship (CIIE, now IIMA Ventures), the Business Policy (Strategy) Area, Placements and the One Year MBA Programme (PGPX).
His areas of expertise include strategic management, technology and innovation management, and entrepreneurship, with research on dynamic capabilities, innovation and international strategy.
He has advised government and private sector organizations on strategy and management issues.
Governance and Compliance Affirmations
Prof. Amit Karna is not related to any Director, Promoter, or Key Managerial Personnel of the Company in terms of Regulation 2(1)(zb) of SEBI LODR.
The Director is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
