Parsvnath Developers Limited — Others, 29-03-2025: Appointment

Parsvnath Developers has announced a board meeting, where the Board of Directors approved the appointment of Mr. Ramesh Chand Gupta as an Additional Non-Executive Independent Director for a term of five years, subject to shareholder approval. The tenure of Ms. Deepa Gupta as a Non-Executive Independent Director will conclude due to the completion of her term. Additionally, the Board has revised the compositions of its Audit, Nomination and Remuneration, and Risk Management Committees. This changes indicate a strategic move towards enhancing governance and oversight, which could positively influence investor sentiment amid the leadership transition.