Equinox India appoints Jitendra Virwani as non-executive non-independent director, ET RealEstate

January 27, 2025
1 min read
Equinox India appoints Jitendra Virwani as non-executive non-independent director, ET RealEstate


117610240

NEW DELHI: The board of directors of Equinox India Developments (Equinox India) have approved the appointment of Jitendra Mohandas Virwani, chairperson of Embassy Group & promoter of the company, as non-executive non-independent director on the board with effect from January 25, 2025.

Further, the company has also completed allotment of 60,91,05,999 fully paid equity shares, to the shareholders of NAM Estates, in accordance with the merger scheme.

With this, Embassy Group has become the new promoter with 41.4% controlling stake.

The company has presence across major markets of Mumbai Metropolitan Region (MMR), Bengaluru, Chennai, National Capital Region (NCR), other tier-II cities and has a mix of residential and commercial assets.

Top public holders of the company include Florence 7%, Blackstone 6%, Baillie Gifford 5.8% and Quant MF 2.7%.

  • Published On Jan 27, 2025 at 07:15 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

2025012359 collierstalks pure industrial600
Previous Story

Wine and warehouses with Pure Industrial • RENX

Sole tenant abandons Keltic's new Nexus MOB in Vancouver • RENX
Next Story

Sole tenant abandons Keltic’s new Nexus MOB in Vancouver • RENX

Latest from Blog