DS Kulkarni Developers appoints Mohammed Aslam as Non-Executive Independent Director

DS Kulkarni Developers Limited has appointed Mohammed Aslam as an Additional Non-Executive Independent Director, effective October 30, 2026, at the end of a board meeting that day. The appointment ushers in a five-year term, contingent on shareholders’ approval, and signals the company’s focus on strengthening governance with seasoned oversight at the board level.

Aslam brings more than two decades of real estate experience spanning capital markets, corporate real estate, and business development. His background covers real estate transactions, investment advisory, and strategic growth initiatives. The announcement notes that he is not related to any existing director and is not debarred from holding directorships by SEBI or other authorities, aligning with standard governance disclosures.

In addition to welcoming the new independent director, the board approved the formation of three key committees: Audit, Nomination and Remuneration, and Stakeholder Relationship. The committees will include Anish Avinash Nawathe as Chair of the independent-director-led bodies, with Mohammed Aslam serving as a member alongside other directors. This governance realignment complements the company’s ongoing efforts to strengthen oversight, accountability, and stakeholder engagement. The company has indicated that the disclosure will also be hosted on its website for broader access.