Gayatri Highways says its chief executive officer has resigned
Gayatri Highways Limited said in a filing with the National Stock Exchange that its chief executive officer resigned for personal reasons and that its board approved the resignation on 28 October 2026.
Key points
- Gayatri Highways Limited told the National Stock Exchange that its chief executive officer, a key managerial person, has resigned.
- The company said its board approved the resignation at a meeting held on 28 October 2026, effective from the close of business that day.
- The resignation letter, dated 27 October 2026, gives personal reasons; the company's filing gives no other reason and no successor.
Gayatri Highways Limited said in a filing with the National Stock Exchange that its chief executive officer has resigned. The company said its board approved the resignation at a meeting held on 28 October 2026, effective from the close of business hours that day.
What Happened
In the filing, dated 28 October 2026, the company said its chief executive officer, designated as a key managerial person, tendered a resignation by a letter dated 27 October 2026. The filing is an outcome-of-board-meeting disclosure under Regulation 30 of the SEBI listing rules, which require listed companies to report such changes to the exchange.
The filing gives 28 October 2026 as the date of cessation. The resignation letter itself says the resignation was to take effect immediately from 27 October 2026. The company's filing and the letter therefore give different effective dates; the filing does not explain the difference.
On the reason, the company said that the reasons are mentioned in the resignation letter. The letter says the chief executive officer is stepping down "due to personal reasons" after "careful consideration". The company's filing does not give any other reason. It says the board meeting began at 4.30 p.m. and ended at 5.15 p.m.
The filing does not name a successor or say who will carry out the chief executive officer's duties from now on. It does not link the resignation to any dispute, audit finding or regulatory action, and nothing in it should be read as suggesting one.
What It Means
Gayatri Highways is a company listed on the National Stock Exchange that, according to its filing, has its registered office in Hyderabad. A change in the chief executive officer is a disclosure the rules require because the post is among the most senior in a listed company. For shareholders, the filing is a notice of the change and the reason given; the company has said nothing yet about who will take over.
Readers who follow the company can look for any further disclosure on the appointment of a successor in its later filings with the exchange. Oquilia reports only what the company has filed and does not forecast or recommend any action on the shares.
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India