Ganesh Housing appoints Rishit Patel as President (Treasury)
Ganesh Housing has appointed Rishit Patel as President (Treasury) effective July 01, 2026, succeeding Rajendra M. Patel who retired on June 30, 2026. Patel, promoted from Senior Manager (Treasury), brings over 14 years of experience from Kotak Mahindra Ltd and C D Integrated Services Ltd. The transition was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Ganesh Housing has appointed Rishit Patel as its new President (Treasury) effective July 01, 2026, following the retirement of the incumbent, Rajendra M. Patel. This leadership transition ensures continuity in the company's treasury operations, including liquidity management and fund raising. The changes were disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Rajendra M. Patel retired from his position as President (Treasury) at the close of business hours on June 30, 2026. Taking over the reins, Rishit Patel was promoted from his previous role of Senior Manager (Treasury). He has been associated with Ganesh Housing Limited since July 01, 2015.
Profile of the Appointee
Rishit Patel brings over 14 years of industry experience to his new role. Prior to joining the company, he worked with Kotak Mahindra Ltd for 4 years, gaining experience in banking operations and financial services. He subsequently served with C D Integrated Services Ltd. for 10 years, strengthening his expertise in business operations and service management. He holds a Bachelor of Commerce (B.Com.) degree.
Details of Changes
The following table summarizes the changes in the Senior Managerial Personnel:
| Name | Reason for Change | Effective Date |
|---|---|---|
| Mr. Rajendra M. Patel | Retirement | June 30, 2026 |
| Mr. Rishit Patel | Promoted as President (Treasury) | July 01, 2026 |
In his new capacity, Rishit Patel will leverage his expertise in liquidity management, fund raising, and maintaining strategic banking relationships. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026.
Historical Stock Returns for Ganesh Housing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | +11.45% | +13.00% | +15.10% | -13.88% | +712.56% |
How will Rishit Patel's background in business operations influence the company's approach to liquidity management?
What specific fund-raising strategies is the new treasury president likely to prioritize in the current economic climate?
Will this leadership transition lead to any shifts in Ganesh Housing's strategic banking relationships?































