Landsmill Green Limited, the Mumbai-listed property services company that previously traded as Excel Realty N Infra Limited, has disclosed a leadership change on its board. The company informed the market that Ms. Runel Saxena has resigned from her position as Non-Executive Independent Director, with effect from October 5, 2026. The board’s departure marks a moment of governance realignment as Landsmill Green continues to navigate its strategic path.
According to the resignation letter and accompanying disclosures, the reasons cited for Ms. Saxena’s exit are pre-occupation and other personal commitments. The company confirms that there are no other material reasons for the resignation beyond those stated. This kind of candid account underscores the practical constraints that can shape board composition in mid-career moves, even for independent directors who balance multiple responsibilities.
Ms. Saxena’s professional footprint includes directorships at Adinan Lifestyle Limited and Riyaasat Lifestyle Limited, illustrating a continued engagement with governance roles across multiple ventures. While her departure creates a vacancy at Landsmill Green, the company’s leadership will be assessing the board’s composition and next steps to maintain a balanced mix of expertise and independence.
As Landsmill Green moves to chart its next steps, observers will be watching how the board insulates governance continuity and maintains strategic momentum during the transition. The change, while a routine facet of board renewal, speaks to the broader cadence of leadership evolution that keeps boards dynamic and adaptable.