GIPCL Announces Cessation of IAS Sandeep Kumar as Government-Nominated Director Following Withdrawal of Nomination by Gujarat Finance Department
Gujarat Industries Power Company Limited (GIPCL) has formally announced the cessation of IAS Sandeep Kumar (DIN: 06576903) from its Board of Directors, effective February 19, 2026. The decision follows the withdrawal of his nomination by the Finance Department, Government of Gujarat, communicated through official letter no. FD/0396/02/2026 dated February 18, 2026.
Director Cessation Details
IAS Sandeep Kumar, who currently serves as Secretary (Economic Affairs), Finance Department, Government of Gujarat, was nominated to the GIPCL board as the state government’s representative. His cessation as Director became effective immediately upon receipt of the government’s communication.
Key Details:
Director Name: IAS Sandeep Kumar
DIN: 06576903
Position: Director (Nominee of Government of Gujarat)
Designation: Secretary (Economic Affairs), Finance Department
Cessation Date: February 19, 2026
Reason for Cessation: Withdrawal of nomination by Government of Gujarat
Regulatory Compliance and Stock Exchange Notification
In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30, GIPCL has notified both BSE Ltd. (Scrip Code: 517300) and the National Stock Exchange of India Ltd. (Symbol: GIPCL) regarding the change in its board composition. The disclosure, signed by CS Shalin Patel, Company Secretary and Compliance Officer, also adheres to the SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency and compliance with corporate governance norms.
About IAS Sandeep Kumar
IAS Sandeep Kumar is a seasoned administrator with over two decades of experience in public service. Currently serving as Secretary (Economic Affairs), Finance Department, Government of Gujarat, he has previously held key positions in departments such as Agriculture, Home Affairs, and Power Sector administration. His expertise spans diverse areas including urban development, law and order, energy and power distribution, land revenue administration, district governance, and rural development. His career reflects a strong commitment to policy implementation and state-level governance.
About GIPCL
Gujarat Industries Power Company Limited (GIPCL), incorporated under CIN L99999GJ1985PLC007868, operates from its registered office at P.O. Ranoli, Dist. Vadodara, Gujarat. The company holds ISO 9001, 14001, and 18001 certifications and manages multiple power generation facilities, including the Vadodara Plant at Ranoli and the Surat Lignite Power Plant at Village Nani Naroli. GIPCL continues to play a vital role in Gujarat’s energy sector, contributing to industrial growth and sustainable power generation.
