Gemstone Investments Limited announced Resignation of Ms. Dhara Chandravadan Brahmbhatt (DIN: 06433270) from the position of Managing Director of the Company with effect from 05th July 2023. Reason for Cessation Unavoidable circumstances and personal commitments. The company also announced appointment of Mr. Sudhakar Bhagawatlal Gandhi (DIN: 09210342) as Managing Director of the Company with effect from 06th July 2023.

Mr. Sudhakar Gandhi has rich experience of trading in the stock market. He is also into providing consultancy for the same. Term of Appointment: 5 years from the date of appointment on the Board.

Reason for Appointment: To maintain the optimum combination of Board of Directors of the Company.