Emami Realty director Debasish Bhaumik completes tenure
Emami Realty Independent Director Debasish Bhaumik completed his second term on July 21, 2026, and ceased to hold office. He vacated positions on the Audit and CSR Committees and stepped down as Chairman of the Stakeholders' Relationship, Nomination and Remuneration, Finance, and Demerger Committees. Additionally, he ceased to be a director of the material subsidiary, Sneha Ashiana Private Limited.
*this image is generated using AI for illustrative purposes only.
Emami Realty Limited announced that Independent Director Debasish Bhaumik completed his second term on July 21, 2026, and ceased to hold the position effective the close of business hours. This transition follows the completion of his tenure as an Independent Director, necessitating his departure from the board and its associated committees. The company acknowledged his contributions during his tenure.
Consequent upon his retirement, Bhaumik vacated his roles across several key board committees. He ceased to be a member of the Audit Committee and Corporate Social Responsibility Committee. Furthermore, he stepped down as Chairman of the Stakeholders' Relationship Committee, Nomination and Remuneration Committee, Finance Committee, and Demerger Committee, effective the close of business hours on July 21, 2026.
The cessation of directorship extends to the company's material subsidiary. Bhaumik also ceased to be an Independent Director of Sneha Ashiana Private Limited with effect from the close of business hours on July 21, 2026. This development was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of Cessation
| Parameter | Details |
|---|---|
| Reason for change | Retirement due to completion of tenure as Independent Director |
| Date of cessation | Close of business hours on July 21, 2026 |
| Brief profile | Not Applicable |
| Letter of resignation | Not Applicable as the cessation is due to completion of tenure |
The disclosure was submitted to the stock exchanges referencing the SEBI Master Circular dated January 30, 2026. Emami Realty placed on record its appreciation for the guidance provided by Bhaumik during his association with the company.
Historical Stock Returns for Emami Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.07% | +2.08% | -6.27% | +21.83% | -35.33% | +6.09% |
Who will Emami Realty appoint to fill the vacancy in the Audit Committee and other key roles?
How will the departure of the Demerger Committee Chairman impact the timeline of the company's restructuring plans?
Will the board undergo a broader reshuffle to rebalance governance following the loss of multiple committee chairmanships?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
