Gujarat Industries Power Company share news, announcements and annual reports

NSE: GIPCLBSE: 517300PowerSmall Cap

Gujarat Industries Power Company Limited · Face value ₹10 · Listed Apr 1993 on BSE, Feb 1995 on NSE

₹160.00₹4.79 (2.91%)BSE ₹159.90

Share price at the NSE close on 30 Oct 2026. Previous close ₹164.79.

30 Oct: open ₹164.78, high ₹164.78, low ₹156.85

52-week range of traded prices to 30 Oct 2026

₹119.90Low, 30 Mar 2026₹211.71High, 3 Sep 2026

Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹2,483 Cr1,106th largest listed
P/E: 4.94
P/B: 0.65
Dividend yield: 2.56%
ROE: 13.7%
ROCE: 4.8%
Debt to equity: 0.88
Volume, NSE: 2,93,63760.1% delivered

Gujarat Industries Power Company board and management

120 filed, newest first. Page 1 of 3.

Oct 2026
- 31 Oct · Management
  Change in Senior Management of the Company
Sep 2026
- 19 Sep · Management
  Cessation of Shri Narendra Nath Misra as Non- Executive Independent Director of the company w.e.f. September 19, 2026.
Aug 2026
- 31 Aug · Management
  Cessation of Shri K S Badlani (DIN:10237996) as Nominee Director due to withdrawal of Nomination by GSFC w.e.f. August 31, 2026.
May 2026
- 29 May · Management
  Change in Auditors of the company.
Mar 2026
- 18 Mar · Management
  Change in Management
- 17 Mar · Management
  Appointment of Shri Jenu Devan, IAS as an Additional Director (Nominee of GOG) of the company w.e.f. March 17, 2026.
Feb 2026
- 19 Feb · Management
  Cessation of Shri Sandeep Kumar, IAS, as a Director (Nominee of Government of Gujarat) from the Board of Directors of the company w.e.f. February 19, 2026, consequent to withdrawal of nomination by Finance Department, Government of Gujarat.
- 17 Feb · Management
  Appointment of Mr. Jitendra Singh Ranawat as CGM (RE) of the company w.e.f. February 16, 2026.
- 12 Feb · Management
  Change in Director(s) of the company.
Jan 2026
- 8 Jan · Management
  Change in Senior Management.
- 2 Jan · Management
  Change in Senior Management Personnel
- 1 Jan · Management
  Change in Senior Management
Dec 2025
- 30 Dec · Management
  Resignation of Smt. Avantika Singh Aulakh IAS as Other of the company, letter enclosed for detailed information.
Nov 2025
- 7 Nov · Management
  Resignation of Shri Jai Prakash Shivahare, IAS as a Director (Nominee of Gujarat Urja Vikas Nigam Limited) of the company w.e.f. November 06, 2025 afternoon.
Aug 2025
- 12 Aug · Management
  Change in Auditors of the company.
- 8 Aug · Management
  Change in Management
- 2 Aug · Management
  Appointment of Dr. Jayanti S. Ravi, IAS (DIN: 07327139) as an Additional Director (Nominee of Government of Gujarat) and Chairperson of the company w.e.f. August 02, 2025.
Jul 2025
- 29 Jul · Management
  Cessation of Mr Jagdish Prasad Gupta, IAS as Chairman of the company w.e.f. July 28, 2025.
- 1 Jul · Management
  Change in Director(s) of the company.
May 2025
- 3 May · Management
  Change in Senior Management.
Apr 2025
- 8 Apr · Management
  Change in Director(s) of the company.
Feb 2025
- 25 Feb · Management
  Appointment of Avantika Singh IAS as other of the company w.e.f. February 25, 2025.
- 20 Feb · Management
  Appointment of Mr. Susanta Kumar Roy (DIN: 07940997) as Non- Executive Independent Director of the company w.e.f. February 20, 2025.
- 20 Feb · Management
  Appointment of Ms Suchita Gupta (DIN: 08697650) as Non- Executive Independent Director of the company w.e.f. February 20, 2025.
- 4 Feb · Management
  Resignation of Shri Swaroop P., IAS, Director (Nominee of GACL) of the company w.e.f. February 03, 2025.
Dec 2024
- 23 Dec · Management
  Change in Management
Nov 2024
- 12 Nov · Management
  Appointment of Mr J P Gupta, IAS as a Chairman and an Additional Director of the company w.e.f. November 12, 2024.
Oct 2024
- 10 Oct · Management
  Change in Director(s) of the company.
- 1 Oct · Management
  Change in Management
Sep 2024
- 20 Sep · Management
  Change in Director(s) of the company.
Aug 2024
- 21 Aug · Management
  Change in Director(s) of the company.
- 13 Aug · Management
  Cessation of Mr Chirag Kritikumar Mehta as Non- Executive Director of the company w.e.f. August 13, 2024.
- 12 Aug · Management
  Change in Director(s) of the company.
- 1 Aug · Management
  Resignation of Shri A K RAKESH, IAS (DIN: 00063819) as Chairman and Director of the company w.e.f. July 31, 2024.
Apr 2024
- 16 Apr · Management
  Change in Management.
Feb 2024
- 21 Feb · Management
  Resignation of Shri K M Bhimajiyani (DIN: 06776639) as Director (Nominee of Government of Gujarat) of the company w.e.f. February 21, 2024.
Dec 2023
- 18 Dec · Management
  Appointment of Mr Chirag Kritikumar Mehta as an Additional Non- Executive (Nominee Director) of the company w.e.f. December 18, 2023.
- 18 Dec · Management
  Appointment of Mr Vishal Gupta as Non- Executive Independent Director of the company w.e.f. December 18, 2023.
Sep 2023
- 26 Sep · Management
  Appointment of Mr K M Bhimajiyani as Non- Execut of the company w.e.f. September 26, 2023.
Aug 2023
- 4 Aug · Management
  Resignation of Ms Manisha Chandra as Non- Executive Director (Nominee - Government of Gujarat) of the company w.e.f. August 03, 2023.
- 1 Aug · Management
  Change in Management
Feb 2023
- 10 Feb · Management
  Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that consequent to resignation tendered by CS V V Vachharajani (DIN: 00091677), Director (Nominee of Gujarat State Fertilizers & Chemicals Limited), CS V V Vachharajani ceased to be the Director (Nominee of GSFC) from the Board of the Company w.e.f. 09/02/2023.
Dec 2022
- 13 Dec · Management
  Resignation of Dr. (Ms.) Manjula Subramaniam, IAS (Retd.) as Woman Independent Director of the company w.e.f. 12-Dec-2022.Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Dr. (Ms.) Manjula Subramaniam (DIN: 00085783), IAS (Retd.), Woman Independent Director, has tendered her resignation from the Board of Directors of the Company vide her email dated 12/12/2022, received on 12/12/2022, with immediate effect i.e. close of business hours of 12th December, 2022 due to serious health complication / ongoing health concerns / falling health. There are no other listed entities in which Dr. (Ms.) Manjula Subramaniam (DIN: 00085783), IAS (Retd.), holds directorship and membership of committees as on 12/12/2022.Dr. (Ms.) Manjula Subramaniam (DIN: 00085783), IAS (Retd.), has confirmed that there is no other material reason other than the mentioned above for her resignation from the Board of Directors of the Company.Resignation email dated 12/12/2022 of Dr. (Ms.) Manjula Subramaniam (DIN: 00085783), IAS (Retd.), is enclosed herewith.
Aug 2022
- 23 Aug · Management
  Appointment of Swaroop Sanandam Prithvi, IAS as Nominee Director of the company w.e.f. 22-Aug-2022.Brief Profile of Shri Swaroop P., IAS (DIN: 08103838) is enclosed herewith. It is hereby confirmed that said Director is not related to any of the Directors of the Company and is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.Kindly take the above on records and acknowledge the receipt.
- 4 Aug · Management
  Appointment of Shalin Patel as Compliance Officer of the company w.e.f. 04-Aug-2022.Pursuant to Regulation 30 read with Part-A of Schedule III and other applicable regulations, if, any, of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015, it is hereby intimated that, CS Shalin Patel, Company Secretary, (Membership No. A22687) has been appointed as a Company Secretary and Compliance Officer of the Company with effect from 04th August, 2022. Please find attached letter for detail information.
- 4 Aug · Management
  Appointment of Shalin Patel as Company Secretary of the company w.e.f. 04-Aug-2022.Pursuant to Regulation 30 read with Part-A of Schedule III and other applicable regulations, if, any, of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015, it is hereby intimated that, CS Shalin Patel, Company Secretary, (Membership No. A22687) has been appointed as a Company Secretary and Compliance Officer of the Company with effect from 04th August, 2022. Pls find attached letter for detail information.
- 1 Aug · Management
  Resignation of Harshadkumar Ratilal Patel IAS as Nominee Director of the company w.e.f. 28-Jul-2022,Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that consequent upon Cessation as Managing Director from Gujarat Alkalies & Chemicals Limited, Shri Harshadkumar Ratilal Patel IAS (DIN: 08101424), Director (Nominee of Gujarat Alkalies & Chemicals Limited), has tendered his resignation from the Board of Directors of the Company, vide his Letter dated 28/07/2022, received through an e-mail dated 01/08/2022.In view of above, Shri Harshadkumar Ratilal Patel IAS (DIN: 08101424), ceased to be the Director of the Company with effect from 28/07/2022.Kindly take the above on your records and acknowledge receipt.
May 2022
- 10 May · Management
  Resignation of Achal S Thakkar as Compliance Officer of the company w.e.f. 09-May-2022.Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that consequent to resignation tendered by CS Achal S Thakkar, he ceased to be the Company Secretary & Compliance Officer and Key Managerial Personnel of the Company with effect from Monday, the 9th May, 2022 (after close of working hours). Kindly take the above on your records and acknowledge receipt.
- 2 May · Management
  Appointment of A K RAKESH as Nominee Director of the company w.e.f. 02-May-2022.Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of Articles of Association of Company and Government of Gujarat, Energy & Petrochemicals, Dept. Resolution dated 26/04/2022, the Directors of the Company have today approved the nomination of Shri A K Rakesh, IAS, as a Nominee Director (Nominee of Government of Gujarat) and as a Chairman of the Company, with immediate effect i.e. w.e.f. 02/05/2022. Brief Profile of Shri A K Rakesh, IAS (DIN: 00063819) is enclosed herewith. It is hereby confirmed that he is not related to any of the Directors of the Company and he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.Kindly take the above on your records.
Apr 2022
- 28 Apr · Management
  Pursuant to the provisions of Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Shri Mukesh Puri, IAS (DIN: 03582870), Director (Nominee of Government of Gujarat) and Chairman, ceased to be the Director and the Chairman of the Company pursuant to the intimation received from the Government of Gujarat, Energy and Petrochemicals Department vide Resolution No. GUV-1108-1336-K, dated 26/04/2022, received on 27/04/2022, with immediate effect. In view of above, Shri Mukesh Puri, IAS (DIN: 03582870), ceased to be the Director and the Chairman of the Company with cessation date of 26/04/2022. Kindly take the above on your records and acknowledge receipt.

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