Prestige Estates Projects Limited has informed the Exchange about Retirement of Senior Management Personnel - Mr. VVBS Sarma, Executive Director - Accounts.
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Prestige Estates Projects Limited has informed the stock exchanges about the retirement of Mr. V.V.B.S. Sarma from the position of Executive Director - Accounts. He has been with the company for 33 years and submitted his retirement letter dated June 19, 2025. To ensure a smooth transition, he will continue to serve in his current role until September 30, 2025. The disclosure has been made under SEBI Listing Regulations. No replacement details have been announced in this filing.
This is a planned, orderly retirement of a long-serving senior executive heading the accounts function, with a transition period of over three months. Investors should watch for an announcement on a successor, as continuity in financial oversight is important for a large real estate company like Prestige.