Sobha has informed that at the Board Meeting held on Monday, March 14, 2022 the Board has approved the following: Acceptance of resignation of Jagdish Chandra Sharma as Director and Vice Chairman and Managing Director and Key Managerial Personnel (KMP) of the Company with effect from 01st April, 2022. 2. Appointment of Jagadish Nangineni as an Additional Director in the capacity of Whole-time Director designated as Managing Director and Key Managerial Personnel of the Company for a term of five years, with effect from 01st April, 2022. Appointment of Raman Mangalorkar, as an Additional Director in the capacity of Non-Executive Independent Director of the Company for a term of five years, with effect from 01st April, 2022.
The above information is a part of company’s filings submitted to BSE.