New Delhi: Gujarat Industries Power Company Limited (GIPCL) has announced the cessation of IAS Sandeep Kumar (DIN: 06576903) from his position as Director (Nominee of Government of Gujarat), effective February 19, 2026. The change follows the withdrawal of his nomination by the Finance Department, Government of Gujarat, as 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. The cessation became effective immediately upon receipt of the official 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
GIPCL has fulfilled its regulatory obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30, by notifying both BSE Ltd. (Scrip Code: 517300) and National Stock Exchange of India Ltd. (Symbol: GIPCL) regarding the board change. The disclosure, signed by CS Shalin Patel, Company Secretary and Compliance Officer, also adheres to SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024.
About IAS Sandeep Kumar
IAS Sandeep Kumar brings over 20 years of experience in public administration. He currently serves as Secretary (Economic Affairs), Finance Department, Government of Gujarat. Over his career, he has held key roles in departments such as Agriculture and Home Affairs, as well as leadership positions within the power sector. His expertise spans urban development, law & order, energy and power distribution, land revenue administration, district administration, and rural development, making him a highly experienced administrator in state governance and policy implementation.
About GIPCL
Gujarat Industries Power Company Limited (GIPCL), incorporated with 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.
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