Based on the 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 ....
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The Board of Directors of Terraform Realstate Limited, based on the recommendation of the Nomination & Remuneration Committee, has appointed Mr. Uday Kuverji Mota (DIN: 08635338) as Managing Director of the company. This is a change in designation from Director to Managing Director, effective from February 02, 2026 to February 01, 2031 (a five-year term). 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. The intimation was signed by Mr. Vimal Kishor Shah, Director on the board.
This is a routine internal leadership elevation rather than an outside hire, which provides continuity in management. The five-year MD term gives operational stability, but the appointment needs shareholder ratification at the next general meeting to be fully effective.