Emami Realty: Independent Director Mr. Debasish Bhaumik Completes Tenure on July 21, 2026
Mr. Debasish Bhaumik has completed his second term as Independent Director of Emami Realty Limited on July 21, 2026. He also ceases to be a director of its material subsidiary, Sneha Ashiana Private Limited.
The cessation of an independent director due to completion of tenure is a routine event and is not expected to have a significant impact on the company's operations or financial performance.
The announcement is a routine disclosure regarding the completion of tenure of an independent director, which is a standard corporate event and does not inherently carry positive or negative financial implications for the company.
Emami Realty Limited has announced the completion of tenure for its Independent Director, Mr. Debasish Bhaumik (DIN: 06933306). His second term as an Independent Director concluded at the close of business hours on July 21, 2026. Consequently, Mr. Bhaumik ceases to hold his position as Independent Director of the company from this date.
As a result of his cessation, Mr. Bhaumik will also step down from his roles as a member of the Audit Committee and the Corporate Social Responsibility Committee. Additionally, he will no longer serve as the Chairman of the Stakeholders’ Relationship Committee, Nomination and Remuneration Committee, Finance Committee, and Demerger Committee, all effective from the close of business hours on July 21, 2026.
Furthermore, Mr. Bhaumik's cessation as an Independent Director of Emami Realty Limited also means he ceases to be an Independent Director of the company's material subsidiary, Sneha Ashiana Private Limited, effective from the close of business hours on July 21, 2026.
The company has expressed its appreciation for Mr. Debasish Bhaumik's valuable contributions and guidance during his tenure as an Independent Director. The details of this change are in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Emami Realty Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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