Appointment of Additional Director in the category of Non Executive Independent Director.
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India Homes Ltd has appointed Mr. Mohamed Ali Altaf Furniturewala (DIN: 02878231) as an Additional Independent (Non-Executive) Director on its Board. The appointment was approved by the Board on January 24, 2026, based on the recommendation of the Nomination and Remuneration Committee. He will serve a 5-year term from February 5, 2026 to February 4, 2031, subject to shareholder approval at the next general meeting. Mr. Furniturewala has a commerce background with experience in management, finance, marketing, sales, and investor liaisoning. He is not related to any existing director and is not debarred from holding a directorship by SEBI or any other authority.
This is a routine board-strengthening move to add an independent director. For shareholders, it has no immediate material impact on operations or stock price, but the appointment is still subject to shareholder approval.