Indiabulls Appoints Dr. Sushi Singh as Non-Executive Independent Director
Indiabulls Limited appointed Dr. Sushi Singh as a Non-Executive Independent Director from August 26, 2026, to August 25, 2027. She replaces Brig. Labh Singh Sitara (Retd.), who resigned due to health reasons. Dr. Singh has over 30 years of experience in education and corporate governance.
The change in directorship is a standard corporate event and is unlikely to have a significant immediate impact on the company's operations or financial performance.
The appointment and resignation of directors are routine corporate governance events. The announcement is factual and does not contain information that would strongly indicate a positive or negative market reaction.
Indiabulls Limited announced the appointment of Dr. Sushi Singh (DIN: 06561359) as a Non-Executive Independent Director, effective August 26, 2026.
This appointment follows the resignation of Brig. Labh Singh Sitara (Retd.) (DIN: 01724648) from the same position, also effective August 26, 2026. Brig. Sitara's resignation is due to health and related personal issues, and he has confirmed no other reason for his departure.
Dr. Sushi Singh's tenure as an Independent Director is subject to shareholder approval and is appointed for a period of one year, from August 26, 2026, to August 25, 2027. She is not related to any other Director or Key Managerial Personnel of the Company and is not debarred from holding the office of director by any SEBI order.
Dr. Singh brings over 30 years of experience in education, corporate governance, and social change leadership, with expertise in CSR policy, women and youth empowerment, and educational sector turnarounds. She holds a Ph.D. in Environmental Science and has completed a Corporate Social Responsibility Programme from Harvard Business School Executive Education. Her past associations include Fore School of Management, Delhi, Aryabhatta College, University of Delhi, and Indiabulls Foundation. Currently, she is involved with the BRICS Chamber of Commerce & Industry, S2 Education Champs (OPC) Pvt. Ltd., and Sai Social Responsibility Research Centre.
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Indiabulls 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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