Gallantt Ispat Limited’s Board of Directors has approved the appointment of two key figures effective April 01, 2026. Mr. Dindayal Jalan is appointed as an Additional and Whole-time Director, designated as “Vice Chairman” for five years. Additionally, Mr. Atul Kumar Gupta joins as an Additional Director, designated as a Non-Executive Independent Director for a five-year term, subject to shareholder approval.
Board Changes Approved by Gallantt Ispat
At a meeting held on Tuesday, March 31, 2026, the Board of Directors of Gallantt Ispat Limited approved significant changes to its management structure, effective from April 01, 2026.
Appointment of Mr. Dindayal Jalan (Vice Chairman)
The Board appointed Mr. Dindayal Jalan (DIN: 00006882) as an Additional and Whole-time Director, who will subsequently be designated as “Vice Chairman” of the Company. This appointment is approved for a consecutive term of five years, pending approval by the members in the next General Meeting.
Profile Highlights for Mr. Jalan
- Mr. Jalan is a Chartered Accountant with over four decades of experience in large-scale metals and mining businesses.
- He previously served as Group CFO of Vedanta Resources Plc UK and CFO of Vedanta Limited until September 2016.
- His expertise lies in capital management, operational efficiencies, and enhancing shareholder value.
- He is currently active in the investing ecosystem and holds Independent Director roles within the Vedanta and HDFC Groups.
- He confirmed he is not related to any Director on the Board.
Appointment of Mr. Atul Kumar Gupta (Independent Director)
The Board also approved the appointment of Mr. Atul Kumar Gupta (DIN: 01734070) as an Additional Director, classified as a Non-Executive Independent Director. This appointment is also for a consecutive term of five years, effective from April 01, 2026, and is subject to shareholder approval.
Profile Highlights for Mr. Gupta
Mr. Gupta brings extensive experience across both government and private sectors:
Government Domain Expertise
- Served as the Chief Secretary to the Government of Uttar Pradesh from May, 2008 until his superannuation on March 31, 2011.
- Instrumental in innovations leading to the highest ever growth rate (23%) for State finances during his tenure.
- Chaired the Fourth State Finance Commission between 2012 and 2014.
- Worked for over 10 years in the Urban Planning & Urban Development sector.
Private and NGO Sector Association
- Associated with NGOs working in primary education and agriculture in rural Uttar Pradesh.
- Served as an Independent Director for 10 years each with companies including Godfrey Phillips India Limited and Pakka Limited.
- Holds the position of honorary Chairman of Vidyagyan residential School Sitapur, a CSR initiative.
- He confirmed he is not related to any Director on the Board.
Compliance Confirmation
The Company confirms that none of the Directors and KMPs are debarred from holding office by virtue of any authority order. All requisite disclosures as per the relevant master circular dated November 11, 2024 (updated as on January 30, 2026) are annexed as Annexure I.
Source: BSE
