Gayatri Highways541546Leadership appointment or

CEO K.G Naidu resigns; board approves, effective close of business on October 28, 2026

Gayatri Highways Ltd has informed the exchanges that Mr. K.G Naidu, its Chief Executive Officer, has resigned.

By ScoutQuest · Wed 28 Oct 2026, 5:43 PM IST · 2 min read

Resignation Letter Date: October 27, 2026
Board Approval Date: October 28, 2026
Effective From: closure of business hours on October 28, 2026

What the company told the exchanges

Gayatri Highways Ltd has informed BSE and NSE that its Chief Executive Officer, Mr. K.G Naidu, has resigned. He was designated as Key Managerial Personnel of the company. The board of directors approved the resignation at its meeting held on October 28, 2026.

Who and when

Name: Mr. K.G Naidu
Role: Chief Executive Officer, designated as Key Managerial Personnel
Resignation letter dated: October 27, 2026
Board approval: at the meeting held on October 28, 2026
Effective from: the closure of business hours on October 28, 2026
Board meeting timing: commenced at 04.30 p.m. and concluded at 5.15 p.m.

The reason stated

In his resignation letter, Mr. Naidu has cited personal reasons for stepping down. He has said he decided to step down after careful consideration, and has thanked the board members for their cooperation and support during his tenure with the company.

The two dates mentioned

The resignation letter is dated 27.10.2026 and states that he is tendering his resignation with immediate effect from that date. The company's disclosure to the exchanges states that the resignation is effective from the closure of business hours on October 28, 2026, after being approved by the board.

What this means for a shareholder

The CEO is part of the senior management and is classified as Key Managerial Personnel, which is why his exit has to be disclosed to the exchanges.
A change at the top of the management is a development shareholders generally track, since the CEO is involved in running the day-to-day operations of the company.
The stated reason in the letter is personal reasons, which is a fact recorded in the update.

How to read such updates

Personnel changes at the senior management level are disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the prescribed details and the resignation letter itself. For a retail investor, the useful facts here are the identity of the person leaving, the position held, the effective date, and the reason recorded in the letter, all of which are set out above.

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