Hemisphere Properties India Limited has announced the departure of Sh. G R Kanakavidu from his position as an Independent Director. The cessation of his directorship follows the successful completion of his one-year term, which concluded on April 20, 2026. This transition is in accordance with the official directives provided by the Ministry of Housing and Urban Affairs.
Board Transition Details
Hemisphere Properties India Limited has officially confirmed the change in its board composition. Sh. G R Kanakavidu has stepped down from the role of Independent Director. His departure marks the end of his tenure, which officially concluded on April 20, 2026, upon the completion of his designated one-year appointment.
Background on the Appointment
The cessation of the directorship follows the terms established in the directive issued by the Ministry of Housing and Urban Affairs (MoHUA), Government of India, dated April 21, 2025. With this term now concluded, the company has updated its stakeholders regarding the current status of its board membership.
Source: BSE
