Changes in Directorate since April 1, 2014

1. Withdrawal of Nomination of Shri K P Nair (IDBI-Nominee) from the Board of Directors of the Company w.e.f. 26th August, 2014
2. Shri M.J Subbahiah has resigned from the office of Independent Director of the Company w.e.f. 1st September, 2014.
3. Shri Bidhubhusan Samal has resigned from the office of Independent Director of the Company w.e.f. 23rd September, 2014.
4. Shri Har Prasad has resigned from the office of Independent Director of the Company w.e.f. 23rd September, 2014.
5. Shri Raj Narain Bhardwaj has resigned from the office of Independent Director of the Company w.e.f. 24th September, 2014.
6. Shri P. Umashankar has been appointed as an Additional Director (Independent) by the Board of Directors w.e.f. 22nd September, 2014.
7. Shri T.R. Kakkar has been appointed as an Additional Director (Independent) by the Board of Directors w.e.f. 22nd September, 2014.
8. Shri T.R. Kakkar has resigned from the office of Independent Director of the Company w.e.f. 10th November, 2014.
9. Shri Lalit Bhasin has been appointed as an Additional Director (Independent) by the Board of Directors w.e.f. 9th February, 2015.
10. Shri G. A. Tadas has been appointed as Nominee Director - IDBI Bank Ltd. by the Board of Directors w.e.f. 9th February, 2015.
11. Shri Pramod Kumar Aggarwal (DIN 06899447) has resigned from the office of Director / Whole-time Director of the Company w.e.f. 31.12.2015 (after closing of business hours).
12. Shri P. Uma Shankar (DIN 00130363) has resigned from the office of Independent Directors of the Company w.e.f. 12.01.2016.
13. Consequent to withdrawal of nomination by IDBI Bank Limited Shri G.A. Tadas (DIN 00161730) has resigned from the Board of Directors of the Company w.e.f. 23rd January, 2016.
14. Nomination of Smt. Salila George (DIN 02236134) by IDBI Bank Limited as its Nominee on the Board of Directors of the Company w.e.f. 23rd January, 2016.
15. Shri S.C. Gupta (DIN: 01127801) has resigned from the office of Independent Directors of the Company w.e.f. 24th August, 2016

16. Shri Sameer Gaur (DIN: 00009496) resigned from the office of Whole-time Director/ Jt. Managing Director w.e.f 31st August, 2016 and will continue as Non-executive Director of the Company w.e.f. 1st September, 2016.

17. Dr. R.C. Vaish (DIN:01068196) has resigned from the office of Independent Director of the Company w.e.f. 8th December, 2016.

18. Shri Sachin Gaur (DIN: 00387718) has resigned from the office of Director/ Whole-time Director and CFO w.e.f 31st December, 2016.

19. Shri Gaurav Jain (DIN:01102024) has resigned from the office of Director/ Whole-time Director w.e.f 4th May, 2017.

20. Shri Rakesh Sharma (DIN 00009952 ) has relinquished the Office of Whole-time Director w.e.f. 30th June 2017 (close of business hours) and will continue as Non-Executive Director of the Company w.e.f. 1st July 2017.

21. Smt. Rekha Dixit (DIN 00913685 ) has relinquished the Office of Whole-time Director w.e.f. 30th June 2017 (close of business hours) and will continue as Non-Executive Director of the Company w.e.f. 1st July 2017.

22. Shri Arun Balakrishnan (DIN 00130241) has resigned from the office of Independent Directors of the Company w.e.f. 9th July 2017.

23. Shri Anand Bordia (DIN 00679165) has resigned from the office of Independent Director of the Company w.e.f. 13th July 2017.

24. Smt. Salila George (DIN 02236134) has resigned as Nominee Director w.e.f. 30th July 2017, consequent to withdrawal of nomination by IDBI Bank Limited.

25. Shri R B Singh (DIN 00229692) has been appointed as Additional Director and Chief Financial Officer by the Board of Directors w.e.f. 31st July 2017.

26. Shri Sham Lal Mohan (DIN: 00028126) has been appointed Independent Director by the Shareholders in 10th Annual General Meeting held on 29.12.2017.

27. Shri K P Rau (DIN 02327446) has been appointed Independent Director by the Shareholders in 10th Annual General Meeting held on 29.12.2017.

28. Shri S S Gupta (DIN 2284265) has been appointed Independent Director by the Shareholders in 10th Annual General Meeting held on 29.12.2017.

29. Shri R B Singh (DIN 00229692) has resigned from the post of Director and Chief Financial Officer from the close of business hours on 15.01.2018.

30. Shri Pramod Kumar Aggarwal has been appointed as Chief Financial Officer by the Committee of Creditors w.e.f. 22nd January 2018.

31. Shri Brij Behari Tandon, Independent Director resigned on 17-08-2018

32. Shri Shanti Sarup Gupta Independent Director resigned on 17-08-2018

33. Shri Sundaram Balasubramanian, Independent Director resigned on 24-08-2018

34. Shri Keshav Prasad Rau Independent Director resigned on 09-09-2018

35. Shri Basant Kumar Goswami, Independent Director resigned on 10-09-2018

36. Shri Lalit Bhasin Independent Director resigned on 12-09-2018

37. Shri Sham Lal Mohan Independent Director resigned on 17-09-2018

38. Shri Pramod Aggarwal, Chief Financial Officer resigned w.e.f. 30-07-2020

39. The Implementation and Monitoring Committee appointed Sh. Aalok Champak Dave and Managing Director and Chief Executive Officer with effect from 04-06-2024

40. The Implementation and Monitoring Committee appointed Sh. Sudhir Vrudavandas Valia as Non-Executive Director with effect from 04-06-2024

41. The Implementation and Monitoring Committee appointed Smt. Usha Anil Kadam as Independent Director with effect from 04-06-2024

42. The Implementation and Monitoring Committee took note of deemed resignation of following directors with effect from 07.03.2023 in terms of Resolution Plan of Suraksha Realty Limited and Lakshdeep Investment and Finance Private Limited appointed Smt. Usha Anil Kadam approved by Hon’ble NCLT, Principal Bench, New Delhi on 07.03.2023

43. Shri Devang Pravin Patel appointed as Chief Financial Officer with effect from 08.06.2024

44. Shri Jash Sandip Panchamia appointed as Additional - Non Executive Director with effect from 21.06.2024

45. Shri Pankaj Rasiklal Bhuta appointed as Additional - Independent Director with effect from 21.06.2024

46. Shri Suresh Kumar Bansal appointed as Additional - Executive Director with effect from 21.06.2024

47. Shri Suresh Kumar Bansal appointed as Additional Executive Director, resigned w.e.f. 17.08.2024

48. Shri Badri Prasad Nilaratna appointed as Additional Independent Director w.e.f. 10.09.2024

49. Shri Jash Sandip Panchamia, designation changed to Executive Director w.e.f. 10.09.2024