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Arkade Developers Limited has announced a board meeting to seek shareholder approval via postal ballot for the appointment of Mr. Sumesh Ashok Mishra as an Independent Director, effective from 13th November 2024, for a term of five years. The remote e-voting will open on 27th December 2024 and close on 25th January 2025. Mr. Mishra brings significant experience in financial services and real estate, having raised over USD 1 billion in investments. This appointment could enhance the company's governance, positively influencing investor sentiment by adding experienced leadership to the board.