GBL Industries Limited announced at its board meeting held on May 10, 2019, the board approved the resignation of Mr. Vijay Mehta from the post of Managing Director of the company; approve the appointment of Mr. Karan Parikh as a Managing Director of the company; approve the appointment of Mr. Rushabh Gandhi and Mrs. Parulben Goswami as Independent Non-Executive Additional Directors of the company; approve the resignation of Mr. Kaiwalya Soni and Mr. Dhiral Dave from the Directorship of the company; approve the appointment of Mr. Kaiwalya Soni as a CFO of the company; and approve the resignation of Mr. Shailesh Prajapati from the post of CFO and Director of the company.