Shareholders Approve Continuation of Non-Executive Director Beyond Age 75
At the 42nd AGM held on 29th September, 2026, shareholders passed a Special Resolution allowing Mr. Rajendra Sharma to continue as Non-Executive Non-Independent Director after he turns 75 on 6th October, 2026.
- AGM Date
- 29th September, 2026
- Director Name
- Mr. Rajendra Sharma
- Director Role
- Non-Executive Non-Independent Director
- Age Milestone
- Turns 75 on 6th October, 2026
- Resolution Type
- Special Resolution
What happened
At the company's 42nd Annual General Meeting held on 29th September, 2026, shareholders approved by Special Resolution the continuation of Mr. Rajendra Sharma as a Non-Executive Non-Independent Director, since he attains the age of 75 years on 6th October, 2026.
Why approval was needed
Listing rules require a special resolution by shareholders for a director to continue in office on attaining 75 years of age. The proposal was recommended by the Nomination and Remuneration Committee, approved by the Board, and disclosed to BSE on 13th August, 2026.
About the director
- Associated with the company for more than three decades; joined Ansal Papers Limited in 1971 and Ansal Housing Limited as Liaison Officer in 1989.
- Retired in 2011 as Deputy General Manager; since then associated as an Advisor on a retainer basis.
- Over 35 years of experience in real estate covering project development, land acquisition, planning and zoning, statutory approvals and advisory services.
- Confirmed as not debarred from holding office of director by SEBI or any other authority.
What it means for investors
There is no change in his designation and no change in the board's composition. This is a continuity and governance formality rather than a business development.
Also from Ansal Housing
KYC Letters Dispatched to Physical Shareholders
30 Sep 2026
Default of Rs. 90.22 Crores principal on project funding loan disclosed
30 Sep 2026
More numbers
- Age attained by director75 years
- AGM number42nd Annual General Meeting
- Experience in real estate sectorover 35 years
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.