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.

Hemisphere Properties India Limited, a Government of India enterprise, has filed its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate confirms the company's adherence to regulatory requirements regarding securities dematerialization and rematerialization reporting.

Regulatory Compliance Certificate

The company submitted its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 10, 2026. This regulatory filing certifies that all required details of securities dematerialized and rematerialized during the quarter have been properly furnished to stock exchanges.

Stock Exchange and Depository Communication

The certificate was formally communicated to all major market infrastructure institutions where Hemisphere Properties India Limited maintains its presence. The company confirmed that securities transaction details have been furnished to all stock exchanges where its shares are listed.

Recipients of the certificate include:

• National Securities Depository Limited (NSDL)
• Central Depository Services (India) Limited (CDSL)
• BSE Limited
• National Stock Exchange of India Limited (NSE)

Company Information

Hemisphere Properties India Limited operates as a Government of India enterprise with its registered office located in New Delhi. The company maintains its corporate presence through established communication channels and regulatory compliance frameworks.

The quarterly certificate represents part of the company's ongoing regulatory compliance obligations under SEBI guidelines, ensuring transparency in securities transactions and maintaining proper records with market regulators and infrastructure institutions.