
Management Change5 Nov 2026, 04:23 pm
Shriram Properties Appoints Ramesh Narain Parbat as Independent Director
AI Summary
Shriram Properties Ltd announced the appointment of Mr. Ramesh Narain Parbat as an Additional Director and Non-Executive Independent Director. This appointment, effective November 5, 2026, is for a term of five years, subject to shareholder approval. Mr. Parbat, a former Member (Legislation) of the Central Board of Direct Taxes (CBDT), brings extensive experience in tax policy, legislation, and administration. He is not related to any existing directors and is not debarred by any regulatory authority. His appointment is based on the recommendations of the Nomination and Remuneration Committee.
Key Highlights
- Ramesh Narain Parbat appointed as Additional Non-Executive Independent Director.
- Appointment is for a term of five years, effective November 5, 2026.
- Subject to shareholder approval.
- Mr. Parbat has a strong background in tax policy and legislation.
- No relationship disclosed with existing directors.
Price Impact
More from SHRIRAMPPS