Oberoi Realty Executive Vice President Construction Milind Naik Resigns April 30, 2026
Oberoi Realty Limited has announced the resignation of Mr. Milind Naik from his position as Executive Vice President - Construction, effective April 30, 2026. The resignation was formally disclosed under SEBI regulations with complete documentation including the original resignation letter dated February 24, 2026, citing future better prospects as the reason for departure.

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Oberoi Realty Limited has announced the resignation of Mr. Milind Naik from his position as Executive Vice President - Construction, effective April 30, 2026. The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Filing Details
The resignation was formally communicated to both BSE Limited and National Stock Exchange of India Limited on April 30, 2026. The disclosure was made in compliance with SEBI master circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with the announcement signed by Bhaskar Kshirsagar, Company Secretary of Oberoi Realty Limited.
| Parameter: | Details |
|---|---|
| Position: | Executive Vice President - Construction |
| Effective Date: | April 30, 2026 |
| Reason: | Future better prospects |
| Notice Period: | February 24, 2026 to April 30, 2026 |
| Scrip Code (BSE): | Equity - 533273, Debt - 976127, 976128 |
| Scrip Symbol (NSE): | OBEROIRLTY |
Resignation Letter
Mr. Naik submitted his resignation letter on February 24, 2026, addressed to Mr. Vikas Oberoi, Managing Director of Oberoi Realty Limited. In his formal letter, he stated his intention to tender resignation from the designation of Executive Vice President - Construction for future better prospects, with his last working day scheduled for the close of business on April 30, 2026.
Official Documentation
The company provided comprehensive documentation including the original resignation letter and detailed annexure as required by SEBI regulations. The disclosure was processed through BSE Listing Centre and NEAPS for NSE, ensuring full compliance with listing obligations. Mr. Naik expressed gratitude to the management in his resignation letter, thanking them for their support and guidance during his tenure with the company.
Historical Stock Returns for Oberoi Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.81% | -3.69% | +14.59% | -2.56% | +3.03% | +204.14% |
Who will Oberoi Realty appoint as the new Executive Vice President - Construction to fill this critical role?
Could this senior departure signal potential delays or changes in Oberoi Realty's upcoming construction projects?
Will Oberoi Realty need to restructure its construction division leadership following this resignation?


































