Based on Recommendation of Nomination & Remuneration committee the Board of Directors, of the Company in its meeting held on 02nd February 2026 has appointed Mr. Uday Kuverji Mota as Managing ....
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Terraform Realstate Limited has appointed Mr. Uday Kuverji Mota (DIN: 08635338) as Managing Director, designated as Key Managerial Personnel, effective February 02, 2026 for a 5-year term ending February 01, 2031. This is a change in designation from his existing role as Director to Managing Director, approved by the Board based on the recommendation of the Nomination & Remuneration Committee. The appointment is subject to approval of Members at the next General Meeting. Mr. Mota has 25 years of experience in the real estate sector and is not debarred from holding directorship by SEBI or any other authority.
The elevation of an existing Director to Managing Director brings clear leadership continuity and a dedicated full-time head for the company's real estate operations. Shareholders will need to approve the appointment at the upcoming General Meeting, and the move is generally seen as a stabilising governance step rather than a disruptive change.