The Audit committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee of the company are reconstituted due to the appointment of Additional Independent Director

Avishkar Infra Realty (formerly Joy Realty) held a board meeting on June 30, 2025, and approved multiple items. The company will increase its stake in Shraddha Mangalsmruti LLP from 10% to 50%, deepening its exposure to that partnership. Two new Additional Independent Directors were appointed: Prashil Shah, a Chartered Accountant and CFA Level-1 with investment banking experience, and Bikash Tarafdar, who has 13 years in finance and is currently CFO at Arunaya Organics. The board also appointed M/s. Megha Kamal Samdani as the new Secretarial Auditor, subject to AGM approval. The Audit, Nomination & Remuneration, and Stakeholder Relationship committees have been reconstituted to include the two new directors.