Justo Realfintech Limited has informed BSE Limited about the appointment of Ms. Jigneshna Fofandi as the company's new Company Secretary and Compliance Officer, effective April 01, 2026. The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The appointment follows the Board Meeting outcome that was previously filed with the Stock Exchange on February 16, 2026. The company has provided comprehensive details of the appointment as required under the listing regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/o155 dated November 11, 2024.

Professional Background

Ms. Jigneshna Fofandi brings relevant expertise to her new role at Justo Realfintech Limited. She holds membership number A72393 as an Associate Member of the Institute of Company Secretaries of India (ICSI). Her professional experience encompasses handling compliance requirements under multiple regulatory frameworks including the Companies Act, 2013, SEBI Listing Regulations, and other applicable corporate laws.

Regulatory Compliance

The appointment notification was signed by Puspamitra Das, Chairman and Managing Director (DIN: 01643973), and submitted to BSE Limited on April 01, 2026. The company has fulfilled all disclosure requirements as mandated by the securities market regulator for key managerial personnel appointments.

Justo Realfintech Limited, formerly known as Justo Realfintech Private Limited, operates under CIN L67190MH2019PLC323318 with its registered office located in Mumbai, Maharashtra. The company's shares are listed on BSE with scrip code 544542.

Justo Realfintech Limited has announced a significant strategic expansion through the incorporation of Chestertons India Private Limited as its wholly owned subsidiary. The company has executed a brand usage and business rights arrangement with Chestertons Global Network, marking its entry into institutional real estate advisory services through one of the world's oldest real estate brands.

Strategic Partnership with Global Heritage Brand

Chestertons, established in London in 1805, brings over two centuries of real estate expertise to the Indian market. The global brand currently operates across more than twenty countries, offering comprehensive advisory services spanning residential and commercial property, capital markets, leasing, valuation, and cross-border transactions. As a founding member of the Royal Institution of Chartered Surveyors (RICS), Chestertons maintains adherence to the highest global standards of professional practice, ethics, and governance in real estate advisory.

Dual Brand Market Strategy

The launch represents a calibrated dual brand expansion strategy designed to address distinct market segments:

Chestertons India will leverage Justo's extensive developer network and channel partner network across key markets as the primary operating foundation for business development. Commercial operations are expected to commence in Q1 FY27.

Planned Service Diversification

The company intends to diversify revenue streams through various allied verticals under the Chestertons India brand:

• Sale of high-end premium residential and plotting schemes & villas
• Commercial leasing services
• Cross-border outreach for investments in India using Chestertons' international network
• Capital market services
• Hospitality services

Formal announcements regarding the initiation of these planned services will be made as the company progresses in this expansion journey.

Global Network Advantages

Chestertons' established presence across the Middle East, Europe, the UK, and Southeast Asia creates structured pathways for bilateral investment advisory between global capital and Indian real estate origination. This international network provides access to established client bases and NRI investors that would be challenging to reach through domestic positioning alone.

As part of the agreement with Chestertons Global Network, Justo intends to undertake project and development management services in association with Arbour Investments Private Limited, a leading company in the real estate investment management space in India.

Leadership Perspectives

Pushpamitra Das, Chairman and Managing Director of Justo Realfintech Limited, described the initiative as "a calibrated strategic step in the evolution of Justo's advisory business" that allows participation in "larger, institutionally aligned and higher-value segments of the real estate lifecycle while remaining anchored in our execution-led approach."

Mohamed Mussa, Managing Director of Chestertons Global, highlighted India as "one of the most compelling real estate growth stories globally" and praised Justo's "on-ground execution credibility, local market understanding and disciplined advisory orientation" as the right combination for Chestertons' India entry.

Chirag Mehta, Director of Arbour Investments, characterized the launch as "a transformational moment for Justo and for the advisory ecosystem it is building," expressing confidence in creating value through their experience and expertise in project management consultancy and development management service verticals.