
Management Change4 Nov 2026, 05:53 pm
Terraform Magnum: Uday Kuverji Mota Re-appointed MD for 5 Years
AI Summary
Terraform Magnum Ltd announced the re-appointment of Mr. Uday Kuverji Mota as Managing Director and Key Managerial Personnel. The re-appointment is for a period of 5 years, effective from November 11, 2026, to November 10, 2031. This decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. The re-appointment is subject to the approval of the company's shareholders at the upcoming General Meeting. Mr. Mota has 25 years of experience in the real estate sector.
Key Highlights
- Mr. Uday Kuverji Mota re-appointed as Managing Director for 5 years.
- Re-appointment effective from November 11, 2026, to November 10, 2031.
- Subject to shareholders' approval at the General Meeting.
- Mr. Mota has 25 years of experience in real estate.
Price Impact
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