Parsvnath Developers Limited — Others, 29-03-2025: Change in Director(s)

Parsvnath Developers has announced a board meeting outcome, highlighting several key decisions. Mr. Ramesh Chand Gupta has been appointed as an Additional Non-Executive Independent Director for a five-year term, pending shareholder approval in the upcoming Extraordinary General Meeting. This comes as Ms. Deepa Gupta's tenure concludes. Additionally, the board has reconstituted key committees, including the Audit and Risk Management Committees. Remuneration packages for senior management were also approved. This strategic restructuring may enhance governance and operational oversight, positively influencing investor sentiment toward the company's future trajectory.