People: D B Realty Ltd (DBRL.NS)
16 Sep 2019
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).
|Total Annual Compensation, INR||12,000,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||12,000,000|