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D B Realty Ltd (DBRL.NS)

DBRL.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Vinod Goenka

54 2011 Non-Independent Executive Chairman of the Board, Managing Director

Shahid Balwa

40 2011 Non-Independent Executive Vice Chairman of the Board, Managing Director

Asif Balwa

47 2018 Chief Financial Officer

Jignesh Shah

2017 Vice President, Compliance Officer, Company Secretary

Sunita Goenka

2015 Director

Salim Balwa

2011 Non-Independent Non-executive Director

Jayvardhan Goenka

23 2011 Non-Independent Non-executive Director

Maryam Khan

41 2018 Additional Independent Woman Director

Sundaram Rajagopal

48 2016 Independent Director

Mahesh Gandhi

63 2010 Non-Executive Independent Director

Jagat Killawala

52 2011 Non-Executive Independent Director

Nasir Rafique

64 2011 Non-Executive Independent Director

Biographies

Name Description

Vinod Goenka

Mr. Vinod K. Goenka has been appointed as Non-Independent Executive Chairman of the Board, Managing Director of DB Realty Ltd., with effect from December 10, 2011. He served as Non-Independent Executive Chairman of the Board of Company from January 8, 2007 to September 14, 2009. He holds a graduate degree in commerce from Mumbai University. Mr. Goenka has over 26 years of experience in the field of construction and business. Over the years, Mr. Goenka has acquired experience in project management and in formulating strategy for development of residential townships and commercial complexes. He is involved in execution and implementation of various projects in the hospitality industry including construction of a 5-star resort in Goa. He also has interests in diverse sectors such as telecom and building materials. His involvement as Managing Director has substantially been in respect of developing the projects of Company.

Shahid Balwa

Mr. Shahid U. Balwa has been appointed as Non-Independent Executive Vice Chairman of the Board, Managing Director of DB Realty Ltd with effect from December 10, 2011. He had been on the Board of Company since January 8, 2007. He holds Matriculation. Mr. Balwa has 12 years of experience in hospitality and construction industry. He led the business foray into hospitality by taking charge of construction, implementation and operation of the five star deluxe hotel, Le Royal Meridian, Mumbai. The hotel won several international awards including the Five Star Diamond Award from American Academy Hospitality Sciences in the year 2006 and 2007. He has contributed to the group’s expansion and growth in construction of several buildings and acquisition of properties. He contributed to the group’s foray into the conceptualisation of five star deluxe Hyatt Hotel at Marine Lines, Mumbai. He is also the member of Young President Organization (YPO).

Asif Balwa

Mr. Asif Yusuf Balwa is Chief Financial Officer of the Company. He was Group Director - Finance of DB Realty Ltd. He served as Whole Time Director of the Company till September 14, 2009. Mr. Balwa has over 24 years experience in the hospitality and real estate sector. He holds Matriculation. He joined the restaurant business working in a family owned restaurant for one year and thereafter in Hotel Balwas International, a 84 room property at central Mumbai. In 1998, he undertook and operationalised a greenfield hotel in Indore, Madhya Pradesh. Subsequently he was instrumental in the operation of the five star hotel in franchise with Holiday Inn, USA. He is responsible for and looks after the financial/ banking functions of Company.

Jignesh Shah

Mr. Jignesh Shah has been appointed as Vice President, Compliance Officer, Company Secretary of the Company effective December 5th, 2017. He holds MBA and graduate degree in law.

Sunita Goenka

Salim Balwa

Mr. Salim Balwa is Non-Independent Non-executive Director of DB Realty Ltd. He has more than a decade of experience in hospitality and construction industry. He led the business foray into hospitality. He is in charge of construction / operation of the business of hotels.

Jayvardhan Goenka

Mr. Jayvardhan Goenka is Non-Independent Non-executive Director of DB Realty Ltd. He has been on our Board (Non-Independent and Non-executive Director) w.e.f.10th December, 2011.He hails from promoter family and is the son of Mr. Vinod Goenka, promoter and also Executive Chairman of the Company. He has been inducted into the business and has been rendering assistance to the Executive Chairman from time to time in the management of the Company. Mr. Jayvardhan Goenka is a graduate from London School of Economics with Economics and Philosophy as his major. The details of Directorship, Chairmanship and Membership of Mr. Jayvardhan Goenka are appearing elsewhere in this Report.

Maryam Khan

Sundaram Rajagopal

Mr. Sundaram V. Rajagopal was Independent Director of D. B. Realty Ltd. Mr. Sundaram Rajagopal holds a Bachelors degree in Civil Engineering from University of Texas at Austin, Master’s degree in Structural Engineering from the University of California at Berkeley and Master of Business Administration with distinction from Harvard Business School. Mr. Rajagopal has over 16 years of experience in the real estate industry. He served as the managing partner for Third Point India, LLC, a partnership dedicated to real estate and other special situation investments in India. Prior to joining Third Point India, he was vice president at Starwood Capital Group, a real estate private equity firm in Greenwich, CT, for three years where he focused on transaction execution for a variety of asset classes in the United States and Europe. Prior to joining Starwood Capital Group, he served as the Managing Director of Sundaram Architects Private Limited, Banglore, India. His other directorships include: Repe Investment Advisors India Private Limited - Director.

Mahesh Gandhi

Mr. Mahesh Manilal Gandhi is Non-Executive Independent Director of DB Realty Ltd., since November 1, 2010. Mr. Mahesh Gandhi holds a Bachelors degree in Science from University of Gujarat, a Masters degree in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai, Masters degree in Law in the area of international law and tax practice from University of Gujarat, and a Diploma in Journalism. He has more than 30 years of experience in investments, originating, structuring and advising, management of public and private Equity investments across all business segments & for the last few years focused around real estate, infrastructure transactions, hotels and hospitality, and Agri Projects. He has served on several Boards of enterprises. He has served as CEO of Jardine Fleming India Asset Management, India’s first foreign institutional asset investor and held the offices of Deputy General Manager UTI and Chief Investment Officer of the Unit Trust of India (“UTI”) Investment Advisory Services. He today owns Prama Hospitality Ventures which has promoted Apodis Hotels & Resorts Ltd a brand agnostic, pan-India, hospitality development company.

Jagat Killawala

Mr. Jagat Killawala is Non-Executive Independent Director of D B Realty Ltd., since 17th May, 2011. He is an industrialist and has been engaged in the business of manufacture of electrical switches, step lights for theatre applications and LED Products for Lighting applications. He has been a Premium distributor for Vimar Spa of Italy, for Modular Switches and accessories, Ilti Luce, Italy and Advance Fibre Optics for Fiber Optic Lighting etc for Mundocolor Spain for Theatre Lighting. Has been a Government Contractor & Railway Contractor in Signal & Telecom Dept.

Nasir Rafique

Mr. Nasir M. Rafique is Non-Executive Independent Director of DB Realty Ltd., since 17th May, 2011. He has been on our Board (Independent and Non-executive Director) w.e.f.17th May, 2011. He has completed Engineering from IIT, Kanpur / AMU and Hotel Management from IHM, PUSA, New Delhi. He has been a Freelance Consultant for the last 7 years and prior to that has worked as Advisor to Dadabhai Group, Baharin(1998-2005), and as Principal of IHMA (1974-1998).