GOIL shareholders approve appointment of new board of directors

Shareholders of GOIL have approved the appointment of a new board of directors during their Annual General Meeting (AGM). This decision comes as part of an effort to enhance corporate governance and ensure strategic oversight as the company seeks to solidify its position in the petroleum industry. The newly appointed board members bring a wealth of experience across various sectors, which shareholders believe will contribute significantly to GOIL's growth and operations.

During the AGM, shareholders expressed their confidence in the new board, emphasizing the importance of effective leadership for navigating challenges within the competitive market. The chairman highlighted that this transition is vital for driving innovation and maintaining GOIL’s commitment to quality service delivery. Furthermore, the management is optimistic that these changes will enhance shareholder value and lead to more robust financial performance in the future. Overall, the successful appointment reflects a proactive approach towards strengthening GOIL’s governance framework and operational efficiency.