Narendra Properties Limited at its board meeting held on 29 March 2024, announced the board took on record that the Independent Directors Mr. Babubhai P Patel and Mr. K S Subramanian shall be vacating office as Independent Directors on the BoD of the Company with effect from 31 March 2024 pursuant to completion of the second term tenure. The Board of Directors have appointed Mr. Mahendra K Maher, Director (Non-Independent) as Chairman of the Board of Directors of the Company in the place of the present Chairman Mr. Babubhai P Patel who shall be vacating office with effect from 31 March 2024 pursuant to expiry of his term of office as Independent Director. Mr. Mahendra K Maher have been appointed as the Chairman of the BoD with effect from 1 April 2024.