GMR Airports Limited’s Board of Directors convened on October 28, 2026, to review and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. Key decisions included the appointment of Mr. Sanjeev Gupta as an Additional Director and Deputy CEO, effective October 29, 2026, and the resignation of Mr. Alexis Benjamin Riols as a Non-Executive Director.
Board Meeting Highlights
GMR Airports Limited announced the outcome of its Board meeting held on October 28, 2026. The Board considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026, for both standalone and consolidated statements. These results have been submitted as per SEBI Listing Regulations.
Leadership Appointments and Changes
In a significant move, the Board approved the appointment of Mr. Sanjeev Gupta (DIN: 11709171) as an Additional Director in the category of Executive Director. He has been designated as “Deputy CEO”, with his tenure commencing on October 29, 2026. This appointment follows a recommendation from the Nomination and Remuneration Committee and is for a period of three years, subject to shareholder approval.
Concurrently, the Board noted the resignation of Mr. Alexis Benjamin Riols (DIN: 10497928), a Non-Executive Director. His resignation is effective from the close of business hours on October 28, 2026, due to professional commitments.
Disclosure of Financials and Utilization of Proceeds
As part of the regulatory disclosures, GMR Airports Limited has provided detailed information in the following annexures:
- Annexure-A: Un-audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, along with the Limited Review Report.
- Annexure-B: Statement on the utilization of proceeds from Non-Convertible Bonds as per Regulation 52(7) and 52(7A) for the quarter ended September 30, 2026.
- Annexure-C: Disclosure under Regulation 23(9) regarding Related Party Transactions for the half-year ended September 30, 2026.
- Annexure-D: Detailed information regarding the appointment of Mr. Sanjeev Gupta as Director.
- Annexure-E: Detailed information regarding the resignation of Mr. Alexis Benjamin Riols.
The company stated that the requirement for a Security Cover Certificate for its Non-Convertible Bonds is not applicable as they are unsecured. The Board Meeting commenced at 05:00 P.M. and concluded at 09:45 P.M.
Source: BSE
