Hemisphere Properties India Limited has informed the Exchange regarding Cessation of Mr Rajeev Kumar Das as Non- Executive Director of the company w.e.f. April 21, 2026.
HEMIPROP · price
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Hemisphere Properties India Limited, a Government of India Enterprise, announced the cessation of Shri Rajeev Kumar Das as Non-Executive Director effective April 21, 2026. The change was initiated by the Ministry of Housing and Urban Affairs (MoHUA) through an official order. Simultaneously, Shri Suchit Goyal, who was serving as Deputy Land & Development Officer/Under Secretary at MoHUA, has been appointed as Director on the Board with effect from the same date. Suchit Goyal holds an MBA in Finance and has over 15 years of experience in government administration. The company has confirmed that the new director is not debarred from holding the office and has no inter-se relationship with existing directors.
This is a routine change of government nominees on the board of a Central Public Sector Enterprise (CPSE) and is unlikely to have any material impact on the company's operations or stock price. Shareholders should note the replacement is from the administrative ministry itself.