Management Change25 Jul 2026, 03:31 pm
Prime Property Appoints Nandkumar Chaugule as Independent Director
AI Summary
Prime Property Development Corporation Ltd announced the appointment of Mr. Nandkumar Anant Chaugule as an Additional Director in the category of Non-Executive - Independent Director. This appointment is effective from July 25, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Chaugule brings over 38 years of distinguished service in the police force, including roles as Deputy Commissioner of Police and Additional Commissioner of Police in various capacities across Maharashtra. He has received numerous awards and commendations for his service. The board meeting where this decision was made commenced at 2:00 PM and concluded at 2:30 PM.
Key Highlights
- Nandkumar Anant Chaugule appointed as Independent Director.
- Appointment effective July 25, 2026, pending shareholder approval.
- Director brings extensive experience from public service.
- Appointment is for a period of 5 years.
- Board meeting duration was 30 minutes.
Price Impact
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