Lodha Developers Limited has informed the Exchange regarding Change in Director(s) of the company.
LODHA · price
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Lodha Developers Limited announced the re-appointment of Mr Lee Polisano as an Independent Director for a second 5-year term (July 30, 2026 to July 29, 2031), subject to shareholder approval. The company also appointed Mr Akhil Gupta as an Additional Non-Executive Independent Director for a 5-year term (April 24, 2026 to April 23, 2031). Mr Polisano is an internationally recognized architect with over 45 years of experience in global real estate development. Mr Gupta is a Chartered Accountant with over 40 years of experience, formerly Vice Chairman of Bharti Enterprises Limited, bringing expertise in telecom, fund-raising, mergers & acquisitions, and strategic business transformation. Both appointments are subject to shareholder approval and neither director is related to any existing board members.
The appointment of two experienced independent directors with diverse global expertise in architecture and telecommunications/business strategy could strengthen the board's governance and strategic oversight capabilities, which is generally positive for corporate governance standards.