Appointment of Director and Key Managerial Personnel.
Awaiting price reaction for this filing.
Dugar Housing Developments Ltd (BSE: 511634) announced several board and key managerial changes following its board meeting on 21 November 2025. Mr. Nirmal De Soysa Cooke, a Sri Lankan-British business leader with ~20 years of experience in infrastructure, energy and cross-border investments, was appointed as an Additional Non-Executive Independent Director. Mr. Senthil Kumar Bellan, a finance professional with 27+ years of international experience, was appointed as the new Chief Financial Officer. Ms. Manisha Roopchand Sharma, an Associate Company Secretary and law graduate, was appointed as Company Secretary & Compliance Officer. Separately, the board accepted the resignation of the outgoing Company Secretary Mr. Mogansundaram Chandrasekaran (already communicated to the exchange on 18 November 2025).
Routine leadership refresh — new CFO and Company Secretary strengthen the finance and compliance functions, while the addition of an international independent director may bring cross-border investment perspective. No impact on shareholders or stock price is expected; the changeover appears orderly.