Indiabulls Limited appoints Sushi Singh as Independent Director, filling vacancy left by Labh Singh Sitara

In a bid to bolster its governance framework, Indiabulls Limited has appointed Sushi Singh as a Non-Executive Independent Director, effective August 26, 2026. She steps into the role in place of Brig. Labh Singh Sitara (Retd.), who resigned as an Independent Director on the same date citing health and related personal issues. The appointment is subject to shareholder approval and envisages a one-year term from August 26, 2026 to August 25, 2027.

Dr. Singh arrives with a diversified, cross-sector track record spanning education administration, corporate governance, CSR strategy, and social impact. She holds a Ph.D. in Environmental Science from the Intercultural Open University (Netherlands) and has completed a Corporate Social Responsibility programme at Harvard Business School. Her governance footprint includes leadership roles in academic institutions and CSR drives, along with board oversight, risk management, and ESG matters. Notably, she has been involved with Indiabulls Foundation and is a founding member of the BRICS Chamber of Commerce & Industry’s Centre of Excellence in CSR & Sustainable Development, among other initiatives.

The company notes Dr. Singh’s independence credentials: she is not related to any other director, she is not debarred from holding director positions under SEBI orders, and she does not hold shares in Indiabulls. Her appointment adds to a governance roster described as a blend of external perspective and strategic oversight, signaling Indiabulls’ continued focus on strengthening board-level governance and oversight of risk and ESG matters. The board will now move forward with this refreshed composition as it profiles its longer-term leadership trajectory.