Key Changes in Directorate

Appointment Details

  • Name: Shri Sanjeev Kumar, IAS (DIN: 03600655)
  • Date of Appointment: September 09, 2026
  • Position: Managing Director (additional charge)
  • Basis of Appointment: Government of Gujarat, General Administration Department Notification No. AIS/35.2026/37/Ser(I) dated September 5, 2026
  • Current Position: Principal Secretary to Chief Minister of Gujarat
  • Effective Date: Took charge as Managing Director w.e.f. September 09, 2026
  • Term: Until further orders

Cessation Details

  • Name: Shri Rajkumar Beniwal, IAS (DIN: 07195658)
  • Date of Cessation: September 09, 2026
  • Position: Managing Director
  • Reason: Transferred by Government of Gujarat
  • Effective Date: Relinquished charge and ceased to hold office with effect from September 09, 2026
  • Resignation Letter: Enclosed as "Annexure - I"

Statutory Procedures

The Company shall complete statutory procedures and compliances with respect to the proposal for appointment of Shri Sanjeev Kumar, IAS as an Additional Director and Managing Director. This will be placed before the Board of Directors at a duly convened meeting, following consideration and recommendation of the Nomination and Remuneration Committee.

Compliance Status

Shri Sanjeev Kumar, IAS (DIN: 03600655) is not debarred from holding office of Director by virtue of any SEBI order or any such authority.

Annexure Details

Annexure-A: Required Disclosures

| Particulars | Shri Sanjeev Kumar, IAS | Shri Rajkumar Beniwal, IAS |

| Reason for change | Appointment | Cessation |

| Date of change | 09/09/2026 | 09/09/2026 |

| Brief Profile | Copy of "Annexure - B" attached | Not Applicable |

| Disclosure of relationships between directors | None | Not Applicable |

Annexure-B: Brief Profile of Shri Sanjeev Kumar, IAS

  • Educational Qualification: B.Tech. (Hons.) from IIT Kharagpur; M.P.A. from Hubert H. Humphrey School of Public Affairs, University of Minnesota, USA
  • Service: 1998-batch officer of the Indian Administrative Service (IAS) from Gujarat cadre
  • Experience: Over 27 years in public administration
  • Key Sectors: Finance, energy, petrochemicals, environmental governance
  • Departments Served: Panchayats, Rural Development, Finance, General Administration (Planning), Commercial Taxes, Energy & Petrochemicals, Forest & Environment, Climate change, Urban Development and Urban Housing Department
  • Governance Approach: People-centric, growth oriented approach focusing on strategic planning and development

Annexure-I: Resignation Letter

  • From: Shri Rajkumar Beniwal, IAS
  • Date: September 2026
  • Effective Date: September 9, 2026 after office hours
  • Basis: Government of Gujarat General Administration Department Notification No. AIS/35.2026/37/Ser(I) dated September 5, 2026
  • Content: Expression of appreciation to Hon'ble Chairman and Members of the Board for their support, guidance, and cooperation during tenure