The Board of Directors of Godavari Biorefineries Ltd convened a meeting on August 7, 2025, to approve several key appointments and re-appointments. The meeting, which commenced at 2:00 P.M. and concluded at 4:30 P.M., resulted in the approval of the unaudited financial results for the quarter ended June 30, 2025, and significant decisions regarding the company's leadership.
The board approved the appointment of Mr. Nandan Dhananjay Mehta (DIN: 07134249) and Mr. Sean Edward Reagan (DIN: 01490812) as Non-Executive Independent Directors, each for a term of five consecutive years, effective from the date of the 70th Annual General Meeting. Additionally, Mr. Hemant Luthra (DIN: 00231420) was re-appointed as an Independent Director for a second term of three consecutive years, starting October 30, 2025. The board also appointed Mr. Shreyans Gang as Deputy Chief Financial Officer and Key Managerial Personnel of the Company.
Appointment and Re-appointment Details:| Director | Position | Term | Effective Date |
|---|---|---|---|
| Mr. Nandan Dhananjay Mehta | Non-Executive Independent Director | Five years | 70th Annual General Meeting |
| Mr. Sean Edward Reagan | Non-Executive Independent Director | Five years | 70th Annual General Meeting |
| Mr. Hemant Luthra | Independent Director | Three years (second term) | October 30, 2025 |
| Mr. Shreyans Gang | Deputy Chief Financial Officer and Key Managerial Personnel | Full Time employment | August 7, 2025 |
Mr. Nandan Dhananjay Mehta is responsible for Corporate Affairs - Europe, Middle East and Africa, where he looks into policy analysis and stakeholder engagement for the region. Previously, he was part of the team that launched the cloud computing division of TCS; iON, where he was the head of finance with oversight over commercial, legal and invoicing. He received his MBA at The Nyenrode University, The Netherlands.
Mr. Sean E. Reagan brings over 20 years of finance leadership experience, including roles at Garrett Motion and Dow. He has a track record of expanding leadership and responsibility, including market-facing responsibilities and direct interface with governmental bodies. He holds a Masters of Laws (LLM) in Taxation from Georgetown University Law Center, a Juris Doctor from Michigan State University College of Law, and a Bachelor of Arts in Economics and History from Albion College.
Mr. Hemant Luthra will continue his role as an Independent Director, contributing his expertise for another three years. His re-appointment is subject to the approval of the shareholders at the upcoming annual general meeting.
Mr. Shreyans Gang has been appointed as the Deputy Chief Financial Officer and Key Managerial Personnel. He has over 25 years of experience in the field of financial planning, budgeting, and treasury management. He is a Chartered Accountant from The Institute of Chartered Accountants of India and MBA (PGPMAX) from the globally top-ranked Indian School of Business (ISB).
The board also approved the notice for convening the 70th Annual General Meeting (AGM) of the Members of the Company on Tuesday, the 30th Day of September, 2025, through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM") as per the relevant circulars of Ministry of Corporate Affairs ("MCA") and Securities and Exchange Board of India ("SEBI").
Unaudited Financial Results Results (Consolidated and Standalone) for the quarter ended June 30, 2025, along with Independent Auditor's Review Report thereon were also approved.
The information in regard to the point (1), (2) (3) & (4) in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed herewith.
The board also approved the notice for convening the 70th Annual General Meeting (AGM) of the Members of the Company on Tuesday, the 30th Day of September, 2025, through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM") as per the relevant circulars of Ministry of Corporate Affairs ("MCA") and Securities and Exchange Board of India ("SEBI").
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
