Shriram Properties appoints Ramesh Narain Parbat as Independent Director
Appointments

Shriram Properties appoints Ramesh Narain Parbat as Independent Director

Shriram Properties has appointed Ramesh Narain Parbat as an Independent Director on its Board for a five-year term, subject to shareholders’ approval.

Parbat has more than 35 years of experience in the Indian Revenue Service (IRS) and retired in October 2025 as a Member of the Central Board of Direct Taxes (CBDT), the apex policy-making body for direct taxation in India. As Member (Legislation), he led direct tax legislative and international taxation initiatives, including the drafting of the Income-tax Act, 2025. He also signed 174 Advance Pricing Agreements (APAs) in a single year.

During his career, Parbat held several senior positions, including Director General of Income Tax (Investigation), Chief Commissioner of Income Tax and Principal Commissioner of Income Tax.

His appointment is expected to strengthen the company's board-level oversight in areas including taxation, fiscal policy, regulatory affairs and financial governance.

M. Murali, Chairman and Managing Director, Shriram Properties, said Parbat's experience in public administration, taxation and fiscal policy would bring valuable perspectives to the Board's deliberations and strengthen its governance practices and strategic oversight.

Shriram Properties has appointed Ramesh Narain Parbat as an Independent Director on its Board for a five-year term, subject to shareholders’ approval.Parbat has more than 35 years of experience in the Indian Revenue Service (IRS) and retired in October 2025 as a Member of the Central Board of Direct Taxes (CBDT), the apex policy-making body for direct taxation in India. As Member (Legislation), he led direct tax legislative and international taxation initiatives, including the drafting of the Income-tax Act, 2025. He also signed 174 Advance Pricing Agreements (APAs) in a single year.During his career, Parbat held several senior positions, including Director General of Income Tax (Investigation), Chief Commissioner of Income Tax and Principal Commissioner of Income Tax.His appointment is expected to strengthen the company's board-level oversight in areas including taxation, fiscal policy, regulatory affairs and financial governance.M. Murali, Chairman and Managing Director, Shriram Properties, said Parbat's experience in public administration, taxation and fiscal policy would bring valuable perspectives to the Board's deliberations and strengthen its governance practices and strategic oversight.

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