Board approves appointment of Mohammed Aslam as Additional Non-Executive Independent Director
Board approved Mohammed Aslam as an Additional Non-Executive Independent Director for a term of five (5) years, subject to shareholder approval.
By ScoutQuest · · 1 min read
- Director appointed
- Mohammed Aslam (DIN: 03600435) as an Additional Director, designated Non-Executive Independent Director
- Term
- five (5) years, subject to shareholder approval
- Effective date
- 30th October 2026
What the board approved
- Appointment of Mohammed Aslam (DIN: 03600435) as an Additional Director, designated as a Non-Executive Independent Director, 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.
- Constitution of the Audit Committee, the Nomination and Remuneration Committee and the Stakeholder Relationship Committee.
The new director
Mr. Aslam is described as a real estate professional with over two decades of experience in real estate, capital markets, corporate real estate and business development. His expertise covers real estate transactions, investment advisory and business development. He is not related to any director of the company, and he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
Committee composition
- 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).
The board meeting commenced at 5:30 P.M. and concluded at 06:00 P.M.
What this means for a retail investor
The update records a board-level appointment and the setting up of the three committees, with an independent director chairing each of them. The appointment of an independent director for a five-year term adds to the board's oversight structure. The appointment is subject to shareholder approval, so the resolution will come to shareholders for a vote.
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More numbers
- Term of appointment as Independent Directorfive (5) years
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