Oberoi Realty appoints Vaibhav Tomar as Executive Vice President

Oberoi Realty has appointed Mr. Vaibhav Tomar as the Executive Vice President - Construction effective July 6, 2026. The appointment is contractual in nature and subject to the company's employment policy. This strategic move aims to bolster the company's construction and project execution capabilities with senior leadership expertise.

Appointment Details

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the appointment falls under the category of senior management personnel.

Profile of Mr. Vaibhav Tomar

Mr. Vaibhav Tomar brings extensive experience to the role, having worked in the industry for over 33 years. His background spans Hospitality, Residential, and Retail projects.

Particulars	Details
Designation	Executive Vice President – Construction
Date of Appointment	July 6, 2026
Nature of Employment	Contractual, subject to employment policy
Experience	Over 33 years in Hospitality, Residential, and Retail projects
Expertise	Project Management and Execution, Budgeting and Control, Contracts and Purchase Management, MIS and General Management
Education	Civil Engineer from IIT Roorkee; Master’s degree from ISB Hyderabad

The disclosure regarding relationships between directors was noted as Not Applicable in the filing.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.45%	-1.89%	+14.80%	+15.65%	+6.22%	+173.59%

Oberoi Realty shareholders approved the adoption of audited financial statements for the financial year ended March 31, 2026, and confirmed a total dividend of ₹8 per share for FY25-26 at its 28th Annual General Meeting held on June 25, 2026. The meeting, conducted via video conferencing, saw the re-appointment of Mr. Vikas Oberoi as a Director and authorized the company to raise funds up to ₹6,000 crore through various instruments. The voting was conducted through remote e-voting from June 22, 2026, to June 24, 2026, and via e-voting during the AGM, with results scrutinized by Mr. Himanshu S. Kamdar of M/s. Rathi & Associates.

Key Resolutions and Voting Outcomes

All five resolutions placed before the shareholders were passed with the requisite majority. The adoption of financial statements received 100% assent, while the dividend confirmation secured 99.86% approval. The re-appointment of Mr. Vikas Oberoi saw 97.98% votes in favour, with 2.02% dissent. Shareholders also approved the ratification of remuneration for Cost Auditors M/s. Kishore Bhatia & Associates and the special resolution to raise capital.

Financial and Capital Allocation Details

The company confirmed the 1st, 2nd, 3rd, and 4th interim dividends of ₹2 per equity share each as the final dividend for the financial year. The board secured approval to issue equity shares and other convertible securities through qualified institutions placement, preferential allotment, or other means, with an aggregate cap of ₹6,000 crore. The remuneration for cost auditors was fixed at ₹8,75,000 plus applicable taxes for FY27.

Resolution	Description	% of Assent	% of Dissent
Resolution No. 1	Adoption of audited financial statements for FY26	100	0
Resolution No. 2	Confirmation of dividend for FY25-26	99.86	0.14
Resolution No. 3	Re-appointment of Mr. Vikas Oberoi as Director	97.98	2.02
Resolution No. 4	Ratification of Cost Auditors remuneration for FY27	100	0
Resolution No. 5	Approval to raise capital up to ₹6,000 crore	99.16	0.84