StockWatch
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Residential- Commercial Projects
Management Change29 May 2026, 12:30 am

523566: Management Change - Kedia appointed, Tibrewal's tenure ends

AI Summary

523566 (Martin Burn Limited) announced changes in its management. In a Board meeting held on May 28, 2026, Mr. Mahesh Kumar Tibrewal (DIN 00987782) ceased to be a director effective May 29, 2026, upon the completion of his tenure. Concurrently, the Board approved the appointment of Mr. Kailash Kumar Kedia (DIN: 02629502) as an Independent Director (additional director) with effect from May 28, 2026. Mr. Kedia's appointment is for a five-year term, from May 28, 2026, to May 27, 2031. Mr. Kedia, a graduate from the University of Calcutta, has extensive experience in the real estate business and is not related to any other director of the Company.

Key Highlights

  • Mr. Mahesh Kumar Tibrewal's tenure as director concluded on May 29, 2026.
  • Mr. Kailash Kumar Kedia appointed as Independent Director from May 28, 2026.
  • Mr. Kedia's appointment is for a five-year term until May 27, 2031.
  • He brings extensive experience from the real estate sector.
  • Mr. Kedia is not related to any existing director of the Company.