announced the resignation of Mr. Gurbans Singh (DIN: 06667127), from the position of Jt. Managing Director of Indiabulls Real Estate Limited and his continuation on its Board as a Non-Executive, Non- Independent Director, this is to inform that, in continuation of his process of stepping back from the active role and his responsibilities due to his age and considering the depth of expertise inducted recently on the board of the Company, he has now resigned as its Non- Executive, Non- Independent Director with effect from March 4, 2023.