Century Textiles and Industries Limited announced that the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company through resolution passed by circulation on 11th July, 2024, has approved the appointment of Mr. K.T. Jithendran as an Additional Director on the Board of the Company in the category of Non-Executive and Non-Independent with effect from 15th July, 2024, and to hold office as such up to the date of the upcoming 127th Annual General Meeting (AGM) of the Company scheduled to be held on 23rd July, 2024. Mr. K. T. Jithendran is the Managing Director & Chief Executive Officer (CEO) of Birla Estates Private Limited. Mr. Jithendran was instrumental in the formation of Birla Estates.

Under the stewardship of Mr. Jithendran Birla Estates has established itself as a real estate developer of choice with a pan India footprint, well established in the top Indian markets of NCR, MMR, Bengaluru and Pune. He has played a pivotal role in driving the company's vision of transforming the real estate sector. His leadership has been marked by a commitment to quality, customer satisfaction, and sustainable development.

Under his guidance, Birla Estates has launched several landmark projects that have set new benchmarks in the industry, reflecting his dedication to excellence and forward-thinking mindset. Before joining Birla Estates, Mr. Jithendran was Executive Director of Godrej Properties Limited (GPL) and Director on the board of Godrej Properties. He has established GPL as a premier real estate player in the country and has provided leadership & vision to sales, marketing and overall operations.

Prior to GPL, he worked with Mecon India Limited as Metallurgical Engineering Consultant. He has more than 32 years of professional experience and has completed his Advance Management Program (AMP) from Harvard Business School (JIBS). He is a Civil Engineer from the Indian Institute of Technology (JIT) Kharagpur and completed his Post Graduate Diploma in Management from the Indian Institute of Management (IIM) Calcutta.