Announced Tue, 31 Mar · 16:55 IST

Appointment of Mr. Dalel Singh Rathore as an Additional Director (Non executive Independent) w.e.f 31.03.2026

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+9.9%1-day move
₹40.00
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+9.9+2.5-5.5-12.2-5.4+9.8-5.0+46.7+10.3
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AI summary

Gyan Developers & Builders Ltd has appointed Mr. Dalel Singh Rathore (DIN: 10766167) as an Additional (Non-Executive Independent) Director with effect from March 31, 2026, for a term of 5 years, subject to shareholder approval. Mr. Rathore is a Commerce graduate with 4-5 years of experience in the real estate sector and is not related to any existing director. Following his appointment, the Board has been reconstituted to four directors, and he has also been added to the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee.

Likely market impact

This is a routine board expansion that adds an independent director with relevant real estate experience, which may strengthen governance and committee oversight. No immediate material impact on the stock or shareholders is expected, though the addition is positive for board independence.