NSEResignation8 Oct 2026 · 8 Oct 2026, 11:15 pm
Resignation
GMR AIRPORTS LIMITED · GMRAIRPORT
✦ AI SummaryMgmt Change
GMR Airports Limited has informed the Exchange regarding the resignation of Mr. Alexis Benjamin Riols as Executive Director & Deputy CEO, citing Group ADP's organizational changes. He continues to be on the Board as a Non-Executive, Non-Independent Director.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern4/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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GMR AIRPORTS LIMITED has informed the Exchange regarding Resignation of Mr. Alexis Benjamin Riols as Executive Director & Deputy CEO and Continuation as Non-Executive Director of the Company
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GMR AIRPORTS LIMITED
(Formerly GMR Airports Infrastructure Limited)
October 08, 2026
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot no. C/1, G Block,
Mumbai 400001 Bandra-Kurla Complex, Bandra (E)
Equity Scrip: 532754 Mumbai - 400051
Debt Scrip: 976449, 976601, Symbol: GMRAIRPORT
977026, 977027, 978133
Sub: Intimation regarding Resignation of Mr. Alexis Benjamin Riols as
Executive Director & Deputy CEO and Continuation as Non-Executive
Director of the Company
Ref: Disclosure under Regulations 30 & 51 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
This is to inform that in terms of the Articles of Association of the Company, Group
ADP, the co-promoter of the Company, has withdrawn its nomination of Mr. Alexis
Benjamin Riols (DIN: 10497928) as the Deputy CEO and Executive Director of the
Company, owing to Group ADP’s organizational changes. Group ADP has nominated
a replacement for Mr. Riols, which shall be taken up for approvals in due course and
intimated separately.
Accordingly, the Company has received today i.e. October 08, 2026,
resignation letter from Mr. Alexis Benjamin Riols tendering his resignation
as Executive Director & Deputy CEO of the Company. He, however,
continues to be on the Board of the Company as a Non-Executive, Non-Independent
Director.
In this regard, please find enclosed herewith:
1) Detailed Information as required under Regulation 30 & 51 read with Schedule
III of Listing Regulations and SEBI Master Circular bearing Ref. No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, given
in “Annexure A.”
2) The letter of resignation received from Mr. Alexis Benjamin Riols is enclosed
as “Annexure B”.
Please take the same on the record.
Thanking you,
For GMR Airports Limited
T. Venkat Ramana
Company Secretary &
Compliance Officer
Encl. as above
Corporate Office: New Udaan Bhawan, Opp. Terminal 3, Indira Gandhi International Airport, New Delhi - 110 037
Registered Office: Unit No. 12, 18th Floor, Tower A, Building No. 5, DLF Cyber City, DLF Phase– III, Gurugram– 122002, Haryana, India
CIN L52231HR1996PLC113564 T +91 124 6637750 E gal.cosecy@gmrgroup.in W www.gmraero.com
Annexure A
Detailed Information as required under Regulation 30 & 51 read with Para A(7C) of Part A of Schedule III of Listing Regulations
and SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended
from time to time, in respect of resignation of Executive Director.
Sr. no. Particular Details
1. Reason for Change viz. Group ADP, the co-promoter of the Company, has withdrawn its nomination of Mr. Alexis Benjamin Riols as
Resignation the Deputy CEO and Executive Director of the Company, owing to Group ADP’s organizational changes.
2. Date of Appointment & Cessation from the position Deputy CEO and of Executive Director of the Company due to resignation with
term of appointment/ effect from today i.e., from October 08, 2026.
Cessation
3. Brief profile (in case of Not Applicable
appointment);
4. Disclosure of Not Applicable
relationships between
directors (in case of
appointment of a
director).
Additional Information in case of resignation of a Director as per Para A(7C) of Part A of Schedule III of Listing Regulations
5. Letter of Resignation Copy of Resignation letter is enclosed as “Annexure B”
along with detailed
reason for resignation
Annexure-B