StockWatch
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Residential- Commercial Projects
Management Change21 Jul 2026, 07:00 pm

Atal Realtech Appoints Omprakash Rungta as Independent Director

AI Summary

Atal Realtech Ltd announced the appointment of Mr. Omprakash Mohanlal Rungta as an Additional Non-Executive Independent Director for a term of 5 years, effective July 21, 2026, subject to shareholder approval. The company also reconstituted its Nomination and Remuneration Committee, inducting Mr. Rungta as a member. Mr. Rungta, a graduate in BSC Chemistry with a background as an Ex-Banker from Bank of Baroda, brings financial advisory and consultancy experience. He holds DIN 11807439 and is not debarred from holding a director's office. The board meeting where these decisions were made took place on July 21, 2026.

Key Highlights

  • Omprakash Rungta appointed as Additional Non-Executive Independent Director.
  • Appointment is for a 5-year term, commencing July 21, 2026.
  • Nomination and Remuneration Committee has been reconstituted.
  • Mr. Rungta brings experience in financial advisory and consultancy.
  • Appointment is subject to shareholder approval at the upcoming general meeting.