Hemisphere Properties India Limited has announced significant changes to its board of directors, effective April 21, 2026. The government-owned enterprise informed stock exchanges about the directorate changes through an official communication dated April 22, 2026.

Director Cessation and Appointment

The changes were implemented through an Office Order dated April 21, 2026, issued by the President of India acting through the Administrative Ministry - Ministry of Housing and Urban Affairs (MoHUA), Government of India.

New Director Profile

Shri Suchit Goyal brings substantial experience to the board of Hemisphere Properties India Limited. His professional background includes:

• Education: Bachelor of Science degree and Master of Business Administration (MBA) in Finance
• Experience: Over 15 years in Government service, primarily in administration and management
• Current Position: Deputy Land & Development Officer/Under Secretary since 2025

The company has confirmed that the newly appointed director does not have any inter-se relationship with any existing directors of the company.

Regulatory Compliance

In compliance with SEBI directions regarding appointment of Directors by listed companies and exchange circulars BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 dated June 20, 2018, the company has affirmed that:

• The appointed director is not debarred from holding the office of director by virtue of any SEBI order
• The director is not restricted by any other regulatory authority
• The affirmation is based on confirmation provided by the director

Company Information

Hemisphere Properties India Limited operates as a Government of India Enterprise with its registered office located at Room No. 0923, 9th Floor, Sankalp Bhawan, GPOA-II, Kasturba Gandhi Marg, New Delhi 110001. The company's official communication was signed by Lubna, Company Secretary & Compliance Officer, and disseminated to both BSE and NSE for regulatory compliance.

Hemisphere Properties India Limited has announced a change in its board composition with the cessation of an Independent Director following the completion of his appointed term. The government enterprise has notified stock exchanges about this routine board transition in accordance with regulatory requirements.

Director Cessation Details

The company has informed that Sh. G R Kanakavidu ceased to hold the position of Independent Director effective April 20, 2026. The cessation occurred upon completion of his one-year term of appointment, as formalized through an official government order.

Regulatory Compliance

Hemisphere Properties India Limited has fulfilled its disclosure obligations by notifying both major stock exchanges about the directorship change. The company communicated this information to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification was signed by Company Secretary & Compliance Officer Lubna on April 21, 2026, ensuring timely compliance with listing requirements. As a Government of India enterprise, the company operates under the oversight of the Ministry of Housing and Urban Affairs, which issued the formal order regarding the director's term completion.

Company Background

Hemisphere Properties India Limited operates as a Government of India enterprise with its registered office located in New Delhi. The company trades on stock exchanges under the symbol HEMIPROP on NSE and script code 543242 on BSE, maintaining transparency through regular regulatory disclosures and compliance with listing obligations.