D B Realty Limited announced that Mr. Asif Balwa, has resigned from the position of Chief Financial Officer and Key Managerial Personnel of the Company with effect from the closing of business hours on 5th January, 2023.
In view of aforesaid resignation, Mr. Atul Bhatnagar who has been acting as Joint Chief Financial Officer and Key Managerial Personnel of the Company has been redesignated as Chief Financial Officer and Key Managerial Personnel of the Company by the Board of Directors with effect from 6th January, 2023. Reason for resignation: Resignation due to personal reasons. Details of re-designation of Mr. Atul Bhatnagar as Chief Financial Officer: Reason for Change, Due to resignation of Mr. Asif Balwa as Chief Financial officer of the Company. Mr. Atul Bhatnagar has already been working as Joint Chief Financial officer and Key Managerial Personnel of the Company since 11th February, 2020. In view of resignation of Mr. Asif Balwa, he has been re-designated as Chief Financial Officer of the Company with effect from 6th January, 2023. Mr. Atul Bhatnagar, aged 40 years is a Commerce graduate and qualified professional in Masters of Business Administration, Finance. He has been working with DB Group for past approx. 16 years and was working as Joint Chief Financial officer of the Company since 11th February, 2020.