GSL Securities Announces Board Overhaul With MD Exit And Four Appointments

Board appointed Shrikant, Aarti, Sonal Bhangdiya and Suresh Babu as Additional Directors and accepted resignation of MD Santkumar and director Shailja Bagrodia, all subject to RBI nod. All changes subject to RBI approval. Three incoming directors are inter-related; outgoing MD and director share Bagrodia surname, signalling full management overhaul. Incoming Suresh Babu brings securitisation and MSME lending experience. Effective dates, RBI timeline and roles of new directors not disclosed; no financial or operational detail attached.