Oberoi Realty EVP – Construction Selvaraj Ramasamy Retires Effective April 2, 2026

Oberoi Realty Executive Vice President Construction Retires

Oberoi Realty Limited announced the retirement of Selvaraj Ramasamy, Executive Vice President – Construction, effective April 2, 2026, in accordance with the company's retirement policy and under SEBI Listing Regulations.

Ramasamy was relieved from his duties at the closure of business hours on April 2, 2026, following the company's retirement policy. The company notified both BSE and NSE about this senior management change in compliance with regulatory requirements.

Role and Tenure

As Executive Vice President – Construction, he held a senior management position within the organization's construction operations. Ramasamy brings experience from previous roles at Runwal Group, Lodha Group, Larsen & Toubro India and Overseas, and Sri Sai Constructions Chennai, with an MBA in Operations.

Regulatory Disclosure

The company disclosed this senior management change under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Oberoi Realty's Construction Portfolio

The company has delivered 51 projects spanning 17.3 million square feet over the past four decades, while another 34 million square feet is currently under development. The company develops residential, commercial, hospitality, retail, and social infrastructure projects.

At the time of this retirement announcement, Oberoi Realty was navigating several significant developments. The company completed its merger with wholly-owned subsidiary Nirmal Lifestyle Realty Private Limited, with the scheme becoming effective from April 14, 2026, following NCLT Mumbai approval on April 6, 2026, aimed at simplifying the group structure and enhancing operational efficiency.

Company Context

For over four decades, Oberoi Realty has been an insignia of trust, transparency, cutting-edge technology and differentiated service in the real estate sector in Mumbai. The company was incorporated on May 8, 1998.