Atal Realtech Ltd has strengthened its governance structure by appointing Mr. Omprakash Mohanlal Rungta as an Additional Non-Executive Independent Director for a five-year term. The appointment, effective July 21, 2026, is subject to the approval of shareholders at the ensuing general meeting. The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee.

Mr. Rungta replaces Mr. Akshay Vinod Dhongade as a member of the Nomination and Remuneration Committee. The reconstitution of the committee is effective immediately. The updated composition includes Ms. Sharanya Shashikant Shetty as Chairperson and Mr. Kuntal Manoj Badiyani as a member, alongside Mr. Rungta.

Mr. Omprakash Mohanlal Rungta (DIN: 11807439) is a retired banker who served at Bank of Baroda from December 1984 until his retirement as Assistant General Manager in January 2020. He graduated from Mumbai University in 1980 with a BSc (Hons) in Chemistry. Currently, he is engaged in financial advisory and consultancy services. The company confirmed there are no inter-se relationships between Mr. Rungta and other Board members, and he does not hold any shares in the company.

The Board meeting commenced at 04:30 p.m. and concluded at 05:30 p.m. on July 21, 2026. The disclosures regarding the appointment were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated November 11, 2024.

Nomination and Remuneration Committee Composition

Atal Realtech accepted the resignation of Akshay Vinod Dhongade as Independent Director effective from the close of business hours on July 15, 2026. The resignation was submitted due to the director's pre-occupancy, and he confirmed there were no other material reasons for the decision. The Board of Directors placed on record its appreciation for the guidance provided by Dhongade during his tenure with the company.

The disclosure was made to the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Dhongade does not hold directorships or memberships of board committees in any other listed entity besides Atal Realtech Limited.

Resignation Details

The following table outlines the key particulars regarding the change in directorship:

The resignation letter was received by the company on July 15, 2026. Vijaygopal Parasram Atal, Managing Director, signed the intimation sent to the exchanges.