Emami Realty Limited has informed the Exchange regarding Cessation of Mr. Debasish Bhaumik as Non- Executive Independent Director of the company w.e.f. July 21, 2026.
EMAMIREAL · price
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Mr. Debasish Bhaumik (DIN: 06933306) has completed his second term as an Independent Director of Emami Realty Limited and ceases to hold office with effect from the close of business hours on July 21, 2026. The cessation is due to the natural end of his tenure and is not a resignation. With this change, he also steps down from his roles as a member of the Audit Committee and Corporate Social Responsibility Committee, and as Chairman of the Stakeholders' Relationship Committee, Nomination and Remuneration Committee, Finance Committee, and Demerger Committee. Additionally, he ceases to be an Independent Director of the company's material subsidiary, Sneha Ashiana Private Limited. The company has recorded its appreciation for his contribution during his association.
This is a routine, scheduled end of tenure rather than a sudden exit, so it carries no immediate negative signal for shareholders. The board will need to fill the resulting vacancy in the independent director seat and the multiple committee roles in due course.