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GMR Power and Urban Infra LimitedOthers, 30-07-2025: Change in Director(s)

30-07-2025 | 07:43 pm

GMR Power and Urban Infra has announced a change in director designation. Mr. Madhva Bhimacharya Terdal is stepping down as the Executive Director due to superannuation, with his term ending on July 31. However, he will continue to serve on the company's Board as a Non-Executive Non-Independent Director. This strategic move ensures GMR retains his extensive 45 years of experience in banking, credit, corporate finance, and M&A. His continued presence provides valuable continuity and expertise, particularly in managing stressed debt and crisis situations, which is beneficial for shareholders.

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