Gujarat Pipavav Port Limited announced regarding the appointment of Mr. Ajit Venkatraman as its Managing Director in place of Mr. Keld Pedersen, effective June 1, 2019 and Mr. Pedersen's designation will change from Managing Director to Non-Executive Non-Independent Director. In furtherance thereto, the Board has approved Re-constitution of Corporate Social Responsibility (CSR) Committee, Stakeholder Relationship Committee and Risk Management Committee by appointing Mr. Ajit Venkatraman as Member of these Committees in place of Mr. Keld Pedersen, effective 1st June 2019. Mr. Ajit Venkatraman has also been appointed as Key Managerial Personnel and for the purpose of determining materiality of an event as per Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 in place of Mr. Keld Pedersen, effective June 1, 2019.