Emami Realty Limited has accepted the resignation of Tarun Kanti Mukherjee from the position of National Head – Sales & Marketing. The departure will be effective from January 11, 2027.

The company disclosed this development to stock exchanges on October 13, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was submitted on October 12, 2026, citing the pursuit of new professional opportunities outside the organization.

Transition and notice period

Mukherjee’s resignation letter indicates that he will serve his full notice period of 90 days as per his employment agreement. During this transition phase, he committed to ensuring a smooth handover of responsibilities, ongoing projects, and operational tasks to his successor or the management team.

The internal communication chain shows that Atul Pal forwarded the resignation email to Payel Jain on October 13, 2026, confirming that the management had accepted the resignation effective that day, in accordance with the company's HR policy.

The disclosure highlights a standard senior management change within the real estate sector, with no immediate impact on financial metrics reported in this specific filing.

Emami Realty Limited received a resignation letter from Rajesh Bansal, its Whole-time Director, on October 9, 2026. The letter, dated September 21, 2026, marks his cessation from the role.

The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bansal submitted his resignation via email at 1:09 pm on October 9, 2026. However, the document itself was dated September 21, 2026. This creates a timeline gap between the stated resignation date and the date of receipt by the company.

Procedural status and regulatory filings

The Board of Directors will consider the resignation letter at its next meeting. This action follows the terms of an agreement dated May 30, 2024, between Emami Realty and Bansal, which governs his appointment conditions.

A significant procedural anomaly exists in the public records. Emami Realty noted that Bansal had already filed Form DIR-11 with the Registrar of Companies (RoC). This filing reflected September 21, 2026, as the effective date of resignation. The company stated it is examining this matter and will make further disclosures if required.

Governance implications

The discrepancy between the email receipt date and the RoC filing date highlights potential governance or administrative lapses. Typically, Form DIR-11 is filed within 30 days of resignation. If the resignation was effective on September 21, 2026, and the company only received the formal letter on October 9, 2026, the timing suggests the director acted independently or communicated through other channels prior to the formal email submission to the company secretary.

The company has not provided a reason for the resignation in the initial disclosure, citing it as "Not Applicable" for profile details since this is a cessation. The focus remains on the procedural handling of the exit rather than the strategic reasons behind it.