Landmark Property Development Company Limited announced key decisions taken at the Board Meeting held on March 28, 2025, as per the disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board has approved the appointment of Sh. Uddhav Poddar (DIN: 00886181) as an Additional Director in the category of Independent Director, and an authorization for Director Identification Number (DIN) application for Mr. Ajay Gulati.

Appointment of Sh. Uddhav Poddar as Additional Director

The Board of Directors of Landmark Property Development approved the appointment of Sh. Uddhav Poddar as an Additional Independent Director effective March 28, 2025, subject to the approval of the Shareholders. This decision was taken based on the recommendation of the Nomination and Remuneration Committee.

Sh. Uddhav Poddar brings with him a wealth of experience, having a background in commerce (B. Com Hons) from Delhi University and belonging to the prestigious Poddar Family, which has been engaged in multiple industries including construction, manufacturing, entertainment, and logistics for over 58 years. His contributions as the National Co-Chairman of the National Council on Ease of Doing Business and as a member of the managing committee in PHDCCI make him a valuable addition to the Board.

Forbes India has also recognized Sh. Uddhav Poddar as a rising star in the real estate industry, building his own legacy and contributing significantly to the sector. The appointment is made for a term up to the date of the ensuing Annual General Meeting (AGM), where it will be placed before the shareholders for their approval.

Confirmation of Compliance with SEBI Guidelines

The company has confirmed that Sh. Uddhav Poddar is not debarred from holding the office of Director pursuant to any SEBI order or any such authority. His appointment adheres to all compliance norms under Regulation 30 of SEBI (LODR) Regulations, 2015 and related guidelines.

Authorization for DIN Application of Mr. Ajay Gulati

The Board also approved an authorization for Mr. Ajay Gulati to apply for a Director Identification Number (DIN) with the Ministry of Corporate Affairs (MCA). Once the DIN is successfully allotted, the proposal to consider his appointment as a Director shall be placed before the Board for approval in the next Board Meeting.

Meeting Timings and Formalities

The Board Meeting commenced at 12:00 PM and concluded at 12:30 PM on March 28, 2025. The Company Secretary and Compliance Officer, Mr. Ankit Bhatia, confirmed the timely conclusion of the meeting and ensured that all disclosures required under Regulation 30 of SEBI (LODR) Regulations, 2015 were complied with.

Annexure A – Brief Details of Appointment

As part of the regulatory compliance, Annexure A containing the details of the appointment of Sh. Uddhav Poddar was also enclosed. The summary of his brief profile, disclosure of relationships between directors, and affirmation of non-debarment was presented to the regulatory authorities.

Key Highlights from Annexure A:

• Reason for Change: Appointment of Sh. Uddhav Poddar as an Additional Independent Director.

• Date and Term of Appointment: Effective March 28, 2025, up to the date of the ensuing AGM.

• Profile of Sh. Uddhav Poddar: He hails from a business family with diversified interests and has been actively contributing to the real estate industry and ease of doing business initiatives.

• Disclosure of Relationship: Sh. Uddhav Poddar is not related to any Director or Key Managerial Personnel (KMP) of the company.

• Affirmation of Compliance: He is not debarred by SEBI or any other authority from holding the office of a Director.

Future Course of Action

With these developments, Landmark Property Development Company Limited continues to strengthen its governance framework by bringing in experienced professionals like Sh. Uddhav Poddar and expanding its leadership team by considering the future appointment of Mr. Ajay Gulati after his DIN application is processed.

The outcomes of the meeting align with the strategic objectives of Landmark Property Development, which focuses on enhancing corporate governance standards and maintaining transparency in Board decisions. The company remains committed to compliance with SEBI regulations and ensuring that shareholder interests are safeguarded through effective leadership and regulatory adherence.

This disclosure is in line with the requirements of SEBI Regulation 30 and is intended to keep shareholders and stakeholders informed about key decisions that impact the company's operations and governance.

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