Citadel Realty and Developers Limited announced that the board of directors at its meeting held on January 30, 2024, considered and approved the reconstitution of audit committee and stakeholder relationship committee of the board of directors with effect from January 30, 2024. The audit committee is reconstituted by inducting Mr. Nilesh Dand, CFO and Executive Director as Member of the Committee. Post reconstitution, the composition of the Audit Committee shall be as: Mr. Veeraraghavan Ranganathan, Independent - Non-Executive Director as Chairman; Mr. Devendra Shrimanker, Independent - Non-Executive Director and Mr. Nilesh Dand, CFO and Executive Director as Members.

The stakeholder relationship committee is reconstituted by inducting Mrs. Sonal Shah, Non-Executive Non-Independent Director as Member of the Committee. Post reconstitution, the composition of the stakeholder relationship committee shall be as: Mr. Veeraraghavan Ranganathan, Independent Non-Executive Director as Chairman; Mrs. Sonal Shah, Non-Executive Non-Independent Director and Mr. Nilesh Dand, CFO and Executive Director as Members.