GBL Industries Limited at its Board of Directors of the company in their meeting held on 18 December, 2018, approved the appointment of Mr. Vijay Pravinchandra Mehta as an additional director of the company, approved the resignation of Mr. Shailesh Prajapati from the post of the Managing Director with effect from 18 December, 2018 and the appointment of Mr. Vijay Pravinchandra Mehta as a Managing Director of the company subject to the approval of the shareholders in upcoming Annual General Meeting.