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Gujarat State Financial Corporation announced a change in its Board of Directors. Life Insurance Corporation of India nominated Shri Lalit Gupta, a seasoned professional with 33 years of experience at LIC, as a new Director. He replaces Shri Daiya P.L. Shri Gupta brings extensive financial sector expertise, having served as Senior Divisional Manager and Marketing Manager within LIC. This appointment strengthens the Board's composition, enhancing governance and strategic oversight. He holds no other directorships.