Gayatri Highways541546Leadership appointment or
Chief Executive Officer resigns; board approves, cessation effective 28 October 2026
Gayatri Highways' board approved the resignation of Mr. K.G Naidu as Chief Executive Officer, who is designated as Key Managerial Personnel.
By ScoutQuest · · 2 min read
- Resignation letter date
- 27 October 2026
- Effective date of cessation
- closure of business hours on 28 October 2026
- Stated reason
- personal reasons
What was announced
- Mr. K.G Naidu, Chief Executive Officer of the company, designated as Key Managerial Personnel, tendered his resignation vide his letter dated 27 October 2026.
- The board of directors approved the resignation at its meeting held on 28 October 2026.
- As per the company's intimation, the resignation is effective from the closure of business hours on 28 October 2026.
- The board meeting commenced at 4.30 p.m. and concluded at 5.15 p.m.
What the resignation letter says
- The letter is addressed to the board and is titled resignation from the position of Chief Executive Officer.
- The stated reason is personal reasons, after what the letter describes as careful consideration.
- The letter says the resignation is with immediate effect from 27.10.2026.
- It thanks the board members for their cooperation and support during his tenure, and wishes the company success in its future endeavours.
- The letter is signed by Karri Gangu Naidu, dated 27.10.2026, place Hyderabad.
Details shared with the exchange
- The update sets out the particulars prescribed for a change in a Key Managerial Personnel, with the reason referenced to the resignation letter enclosed.
- The date of cessation shown against the item is 28th October 2026.
- Entries relating to brief profile and disclosure of relationships between directors are marked Not Applicable, since this is a cessation and not an appointment.
How to read this
- The Chief Executive Officer is part of the company's Key Managerial Personnel, the senior officers whose changes listed companies must disclose to the exchanges.
- The two dates in the update do not match word for word: the letter speaks of immediate effect from 27.10.2026, while the company's covering intimation and the tabulated details place the effective date at the close of business hours on 28 October 2026.
- This is a disclosure of a change in senior management, and the update gives personal reasons as the stated cause.
- For a retail reader, the takeaway is that the top executive position has seen a change, formally approved by the board on 28 October 2026.
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Gayatri Highways takes 49% each in GJRL and GLRL, 11.53% in Cyberabad Expressways at Re.1 per share
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CEO K.G Naidu resigns; board approves, effective close of business on October 28, 2026
28 Oct 2026
Source: BSE · 28 Oct 2026
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