At meeting held on 16 February 2021The Board of Ratnabhumi Developers at its meeting held on 16 February 2021 has accepted resignation of Munir Mahendrakumar Shah from the position of Non-Executive Director w.e.f. 16 February 2021. The Board also accepted resignation of Meghna Munir Shah from the Board with effect from 16 February 2021.
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Effective 01 March 2021GE T&D India announced the appointment of Mahesh Palashikar on the Board as Chairman. Mahesh assumes the role of Chairman effective 1 March 2021 and succeeds Vishal K Wanchoo who resigned
from Board upon assuming new responsibility with another company, post retirement from GE.
The company also co-opted Emanuel Bartolini, GE Grid Solutions global Chief Commercial Officer on the Board
of the Company as Director w.e.f. 1 March 2021 or the date of allotment of Director Identification Number
whichever is later. Nagesh Tilwani who is the Whole-time Director has resigned from the Board in view of
increased responsibilities within the GE group.