Board approves appointment of Additional Non-Executive Independent Director, constitutes three committees
Board of D S Kulkarni Developers met on 30 October 2026 and approved the appointment of Mohammed Aslam as an Additional Non-Executive Independent Director.
By ScoutQuest · · 2 min read
- Appointment
- Mohammed Aslam (DIN: 03600435) as Additional Non-Executive Independent Director, effective 30 October 2026
- Term
- five (5) years, subject to shareholder approval
- Committees Constituted
- Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee; Mr. Anish Avinash Nawathe chairs all three
A board meeting of D S Kulkarni Developers Limited was held on 30 October 2026, and two proposals were approved.
New independent director
- Mohammed Aslam (DIN: 03600435) has been appointed as an Additional Non-Executive Independent Director.
- The appointment is with effect from 30th October 2026.
- His term as an Independent Director is five (5) years, subject to the approval of shareholders as per regulatory requirements.
- The update describes him as a real estate professional with over two decades of experience in real estate, capital markets, corporate real estate and business development, with expertise in real estate transactions, investment advisory and business development.
- He is not related to any Director of the Company, and is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
Committees constituted
Three committees were constituted, with the following compositions as given in the update.
- Audit Committee: Mr. Anish Avinash Nawathe (Chairman, Independent Director), Mohammed Aslam (Member, Independent Director), Mr. Sumit Ramesh Diwane (Member, Non-Executive Director).
- Nomination and Remuneration Committee: Mr. Anish Avinash Nawathe (Chairman, Independent Director), Mohammed Aslam (Member, Independent Director), Mr. Sumit Ramesh Diwane (Member, Non-Executive Director).
- Stakeholder Relationship Committee: Mr. Anish Avinash Nawathe (Chairman, Independent Director), Ms. Pooja Shukla (Member, Non-executive Women Director), Mr. Bhushan Vilas Palresha (Member, Executive Director).
What this means for a retail investor
This is a board-level governance update. It covers who sits on the board and on its key committees, not the company's operations, finances or projects. The appointment of an independent director is subject to shareholder approval, so the appointment will come up for confirmation by shareholders.
Because the committees now have named members and chairs, investors can see who is entrusted with audit oversight, remuneration matters and shareholder grievances. Beyond the composition itself, this update does not set out any financial or business decision.
Also from DS Kulkarni Developers
Board approves appointment of Mohammed Aslam as Additional Non-Executive Independent Director
30 Oct 2026
Anish Avinash Nawathe appointed additional director designated Non-executive Independent Director
5 Oct 2026
Acquisition of 100% equity stake in Westpole Spaces Private Limited; target becomes a wholly owned subsidiary
5 Oct 2026
More numbers
- Term of appointment as Independent Directorfive (5) years
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