Reappointment of Mrs. Rinni K shah as the whole time director of the company wef 16th february 2026 for a tenure of 5 consecutive years.
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Ratnabhumi Developers' board has approved the reappointment of Mrs. Rinni K Shah as Whole Time Director for a second term of five consecutive years, effective February 16, 2026 to February 15, 2031. She is the wife of Kaivan J Shah, the Chairman and Managing Director, meaning a promoter-family member continues to hold a key board position. Her monthly remuneration is capped at Rs. 3 lakh and she brings over eight years of experience in finance for the real estate and construction business. The reappointment is subject to shareholder approval and no SEBI bar applies to her.
Continuity at the top for the Ahmedabad-based real estate developer; shareholders will vote on the reappointment at the next general meeting. No immediate material change expected in operations, though promoter-family concentration on the board remains notable from a governance standpoint.