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Management Change23 Apr 2026, 06:51 pm

Aurum PropTech Board Approves Chairman, Re-appoints/Appoints Directors, New CS

AI Summary

Aurum PropTech's Board of Directors approved several key management changes. Mr. Ashish Deora was designated as the Chairman of the Company. Mr. Ajit Joshi was re-appointed as an Independent Director for a second term of five consecutive years, from July 23, 2026, to July 22, 2031. The board also approved the appointment of Mr. Ashim Ashitbaran Desai and Mrs. Lakshmi Nagajyothi Potluri Ashok Kumar as Additional Non-Executive Independent Directors, both effective April 23, 2026. All director appointments/re-appointments are subject to shareholder approval via postal ballot. Additionally, Ms. Sonia Jain resigned from her position as Company Secretary and Compliance Officer, effective April 30, 2026, and Ms. Pranali Desale was appointed as her successor from May 1, 2026.

Key Highlights

  • Ashish Deora designated as the Chairman of Aurum PropTech.
  • Ajit Joshi re-appointed as Independent Director for a second five-year term.
  • Two new Additional Non-Executive Independent Directors appointed.
  • Sonia Jain resigned as Company Secretary; Pranali Desale appointed as successor.
  • Shareholder approval to be sought for director appointments via postal ballot.