Parsvnath Developers : – EQ (NSE); 532780 (BSE)

Press Release

For immediate Publication

PClrsvne1th Parsvnath announces appointment of President (Marketing & Business Development)

New Delhi, November 21,2017: d, one of India's leading Real Estate and Infrastructure Development Companies, announces appointment of Mr. RK. Jain as President (Marketing & Business Development) with effect from November 10, 2017.

Mr. Jain having rich experience of over three decades is a Chartered Accountant from the 1982 batch from the Institute of Chartered Accountants of India with B.Sc. Physics (Hons) from Hindu College, Delhi University. Mr. Jain has been a key senior management resource with Rama Associates Ltd. (Company of Essel Group), CEO, Supertech Ltd., Executive Director, Wave lnfratech Ltd. and Executive Director (Marketing) Ansal API involving sales, marketing, liaison, procurement, stake holder engagements.

Commenting on the appointment Mr. Pradeep Jain, Founder Chairman, Parsvnath Developers Limited said, "We are p:eased to welcome Mr. RK Jain to our team as he brings along with him years of experience, expertise and in depth knowledge of real estate sector. As we are dedicated towards our focus on execution of our on-going projects and extending the delivery and value to our stakeholders at large, l am confident that his domain knowledge to the Indian real estate sector would add great value to the company."

Commenting on joining Parsvnath Developers as President (Marketing & BO), Mr. RK. Jain said, "Parsvnath is a robust and fundamentaily strong company with huge land bank at strategic premium locations Pan-India. I feel that with my experience and support from the management and colleagues we will be able to achieve company's vision".

Notes to the Editor:

Overview of Parsvnath Developers Limited:-

Parsvnath Developers Limited (PDL), one of India's leading real estate and infrastructure development companies, having a rich experience of more than 3 decades has Pan India presence spread across 40 cities and 15 states. The Company's diversified business portfolio comprises of Residential, Commercial (Office and Retail), DMRC projects, Hotels, SEZs, IT Parks and Third Party Construction.

PDL has to its credit several architectural marvels where it has successfully transformed simple barren tracts of land into beautiful spaces, both residential and commercial. It is the first real estate company in India to have integrated the ISO 9001, 14001 and OHSAS 18001 Certification processes.

Press Release

For immediate Publication

Pcarsvne1th

The Company has till date completed 65 projects (including 6 contractual projects), measuring 30.20 mn. sq. ft of developed area and is currently developing 52.24 mn. sq. ft. The Company has a large land bank that stands at 102.28 mn. sq. ft.

For more details, please contact: Neetal Narang (Ms.)

Addi. Vice President - Corporate Communications Parsvnath Developers Limited

Handphone: 9599443553

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