+
Ramesh Nair named CEO of Mindspace REIT
Real Estate

Ramesh Nair named CEO of Mindspace REIT

Mindspace Business Parks REIT (Mindspace REIT) announced the appointment of Ramesh Nair as their new Chief Executive Officer (CEO).

According to a regulatory filing, it was stated that the board of directors of K Raheja Corp Investment Managers, the manager of Mindspace REIT, had granted approval for Ramesh Nair to become the CEO and a significant figure within the company, effective from September 1, 2023.

The board acknowledged the resignation of Vinod Rohira, who currently holds the position of CEO and is a key figure within the company. His resignation would be effective as of August 31, 2023. Furthermore, the board sanctioned the appointment of Rohira as an additional (non-executive non–independent) director on the company's board of directors, starting from September 1, 2023.

In his new role, Rohira would also lead with a broader responsibility within the group as the Managing Director and CEO (Commercial Real Estate) at K Raheja Corp. He would also secure a position on the board of the Residential Business – K Raheja Corp Homes.

The company's net consolidated profit witnessed an increase of 6.62 percent during the quarter that concluded on June 30, 2023. The profit after tax for Q1 FY24 amounted to Rs 1.36 billion, marking a rise from Rs 1.28 billion recorded in the corresponding quarter of the previous fiscal year.

Also read: 
Elan Group Awards Luxury Project Contract to Leighton Group  
CREDAI Telangana announces new office bearers  


Mindspace Business Parks REIT (Mindspace REIT) announced the appointment of Ramesh Nair as their new Chief Executive Officer (CEO). According to a regulatory filing, it was stated that the board of directors of K Raheja Corp Investment Managers, the manager of Mindspace REIT, had granted approval for Ramesh Nair to become the CEO and a significant figure within the company, effective from September 1, 2023. The board acknowledged the resignation of Vinod Rohira, who currently holds the position of CEO and is a key figure within the company. His resignation would be effective as of August 31, 2023. Furthermore, the board sanctioned the appointment of Rohira as an additional (non-executive non–independent) director on the company's board of directors, starting from September 1, 2023. In his new role, Rohira would also lead with a broader responsibility within the group as the Managing Director and CEO (Commercial Real Estate) at K Raheja Corp. He would also secure a position on the board of the Residential Business – K Raheja Corp Homes. The company's net consolidated profit witnessed an increase of 6.62 percent during the quarter that concluded on June 30, 2023. The profit after tax for Q1 FY24 amounted to Rs 1.36 billion, marking a rise from Rs 1.28 billion recorded in the corresponding quarter of the previous fiscal year. Also read:  Elan Group Awards Luxury Project Contract to Leighton Group  CREDAI Telangana announces new office bearers  

Next Story
Infrastructure Urban

Transrail PAT Doubles to Rs 1.06 Billion in Q1 FY26

Transrail Lighting Limited, a leading Indian EPC firm specialising in power transmission and distribution (T&D), reported robust financial performance for the quarter ended 30 June 2025 (Q1 FY26).The company recorded a consolidated operational revenue of Rs 16.6 billion, marking an 81 per cent year-on-year increase. EBITDA rose 66 per cent to Rs 2 billion, while Profit After Tax (PAT) more than doubled to Rs 1.06 billion, representing a 105 per cent growth from Q1 FY25. PAT margin improved to 6.33 per cent, up 46 basis points from the previous year.Key Operational Highlights:Strong executi..

Next Story
Infrastructure Urban

Allied Digital PAT Grows 40 per cent YoY to Rs 140 Million in Q1 FY26

Allied Digital Services Limited (ADSL), a leading global provider of IT services and solutions, reported strong financial performance for the first quarter ended 30 June 2025.For Q1 FY26, consolidated revenue rose by 22 per cent year-on-year to Rs 2.19 billion, while EBITDA increased 16 per cent to Rs 220 million. Profit After Tax (PAT) grew 40 per cent YoY to Rs 140 million, reflecting robust operational execution.Revenue Breakdown:India revenue surged 31 per cent YoY to Rs 800 million, underlining its role as the company’s primary growth driver.Revenue from Rest of World (RoW) grew 18 per ..

Next Story
Infrastructure Energy

Gujarat Gas PAT Rises 14 per cent QoQ to Rs 3.27 Billion

Gujarat Gas Limited has announced its financial and operational performance for the quarter ended 30 June 2025 (Q1 FY26), reporting record CNG volumes and quarter-on-quarter growth in both EBITDA and net profit.Financial Performance – Q1 FY26Revenue from operations stood at Rs 11.07 billion, down from Rs 11.62 billion in Q1 FY25.EBITDA rose to Rs 5.79 billion, compared to Rs 5.74 billion in the same quarter last year and up 11 per cent from Q4 FY25.Profit After Tax (PAT) was Rs 3.27 billion, showing a 14 per cent increase from Rs 2.87 billion in Q4 FY25, though marginally lower than Rs 3.30 ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?