Sobha Ltd Vice Chairman and MD Jagdish Chandra Sharma resigns

14 Mar 2022 CW Team

On Friday, realty firm Sobha Ltd told the media that its Vice Chairman and Managing Director Jagdish Chandra Sharma has resigned with effect from April 1, indicating personal reasons.

In a regulatory filing, Sobha notified that Sharma, via a letter dated March 11, tendered his resignation for the position of Director, Vice Chairman, Managing Director and Key Managerial Personnel of the firm with effect from 1st April 2022. Sharma will hold the position till March 31, 2022.

Sobha Limited is an Indian multinational real estate developer headquartered in Bangalore.

Sobha Limited was established on 7 August, 1995 by PNC Menon. The firm has also performed projects for some of India's corporate houses, comprising Infosys, WIPRO Ltd, HCL Technologies, Dell, Bosch, Biocon, Taj Group of Hotels and ITC Hotels. The firm is additionally planning to pump in Rs 500 crore in residential growth in Gujarat International Finance Tec-City (GIFT City).

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