India Lease Development has approved the re-appointment of its Chairman and a key director, alongside extending the tenure of its Company Secretary and CFO. The Board of Directors made these decisions during a meeting held on August 11, 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. These leadership continuities aim to maintain governance stability, with all appointments requiring final ratification by shareholders at the company’s 41st Annual General Meeting (AGM).

The Board approved the re-appointment of Shri Rajiv Gupta and Ms. Sumana Verma as Non-Executive Non-Independent Directors. Both directors were liable to retire by rotation and are being re-appointed in accordance with Section 152(6) of the Companies Act, 2013. Their terms are effective from September 24, 2026. Additionally, the Board authorized the re-appointment of Sudhir Kumar Agarwal, Chartered Accountant (M. No. 082496), as the Internal Auditor for the financial year 2026-2027 under Section 138(2) of the Companies Act, 2013.

Leadership Re-appointments

Rajiv Gupta, who has been associated with the company since its incorporation and served as Chairman since May 2005, brings over 40 years of experience in the financial sector. He is an Engineering Graduate from IIT Delhi. Ms. Sumana Verma, his daughter, is also being re-appointed; she holds significant business experience that the Board deems useful for the company’s direction.

The disclosure highlights the familial relationship between the two directors, noting they are father and daughter. Neither director is debarred from holding office by any SEBI order or other authority, as per BSE Circular LIST/COMP/14/2018-19 dated June 20, 2018.

Key Managerial Personnel Extension

The Board also approved the re-appointment of Mr. Rohit Madan as Manager, Company Secretary & CFO. His new term covers three consecutive years, commencing from April 01, 2027, to March 31, 2030. Mr. Madan, a Commerce Graduate and Associate Member of the ICSI with a Diploma in Tax Laws, has extensive experience in corporate laws and governance. He previously served as Assistant Company Secretary at Goodwill India Limited for nearly seven years. As of March 31, 2026, Mr. Madan holds no equity shares in the company.

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosures to the Bombay Stock Exchange. The Board authorized itself to finalize the terms and conditions for the internal auditor's re-appointment.

India Lease Development has fixed its book closure period from September 18, 2026, to September 24, 2026, to determine shareholder eligibility for its 41st Annual General Meeting (AGM). The meeting is scheduled for Thursday, September 24, 2026, at 12:30 p.m. and will be conducted through Video Conferencing or Other Audio Visual Means from the company’s registered office in New Delhi. This closure ensures an accurate record of members entitled to vote and receive dividends during the general meeting.

The Board of Directors approved both the meeting date and the book closure schedule during their session held on August 11, 2026. Rohit Madan, Manager, Company Secretary & CFO, signed the intimation letters addressed to the Listing Department of BSE Limited. The company notified the exchange under reference number BSE/2026-2027/011 regarding the book closure and BSE/2026-2027/010 for the AGM date, requesting dissemination of information to stakeholders.

Book Closure and Meeting Schedule

The Register of Members and Share Transfer Books will remain closed from Friday, September 18, 2026, to Thursday, September 24, 2026, both days inclusive. This period is mandated under Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders holding units on the record date will be eligible to participate in the virtual meeting. The physical venue remains the registered office at MGF House, 4/17-B, Asaf Ali Road, New Delhi – 110002, but participation is strictly digital. The company’s Corporate Identity Number is L74899DL1984PLC019218, and it operates under GSTIN 07AAACI0149R1ZB. Further communications regarding the notice of the meeting and accompanying papers will follow as per statutory timelines.