StockWatch
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Non Banking Financial Company (NBFC)
Management Change11 Aug 2026, 03:33 pm

India Lease Development Ltd Re-appoints Directors and CFO

AI Summary

India Lease Development Ltd announced key management changes following a Board of Directors meeting on August 11, 2026. The company approved the re-appointment of Shri Rajiv Gupta and Ms. Sumana Verma as Non-Executive Non-Independent Directors, subject to member approval at the upcoming 41st Annual General Meeting. Additionally, Mr. Rohit Madan has been re-appointed as Manager, Company Secretary & CFO for a three-year term from April 1, 2027, to March 31, 2030, also pending member approval. The Board also approved the re-appointment of Sudhir Kumar Agarwal as Internal Auditor for the financial year 2026-2027.

Key Highlights

  • Re-appointment of Directors Shri Rajiv Gupta and Ms. Sumana Verma approved.
  • Mr. Rohit Madan re-appointed as Manager, Company Secretary & CFO for three years.
  • Internal Auditor Sudhir Kumar Agarwal re-appointed for FY 2026-2027.
  • All re-appointments are subject to shareholder approval at the upcoming AGM.