Landmark Property Development Company Limited — Important, 26-05-2025: General Updates

Landmark Property Development has announced a board meeting and reported a net loss of ₹11.72 Cr for the year ended March 31, 2025, with no dividend declared. Key management changes include Ajay Gulati as Additional Independent Director, Arvind Vachaspati retiring as CFO, and Niraj Kumar appointed as new CFO. A ₹4 Cr provision was made for advances tied to delayed plot allotment by Ansal Landmark (Karnal) Township Pvt Ltd. Legal issues regarding mine lease demands are still unresolved.