Realty developer Godrej Properties has announced two key changes in its senior management team following the resignation of its Chief Operating Officer (COO) and Zonal Chief Executive Officer (CEO) – Mumbai Metropolitan Region.
The company’s COO Vikas Singhal will step down on July 31 and will be replaced by Sandeep Navlakhe, who assumes charge from August 1. According to the company, Navlakhe has over three decades of experience across companies including Adani Airport Holdings Tata Projects, Lodha Group, and Larsen & Toubro.
The company has informed the stock exchanges that Zonal CEO-MMR, Priyansh Kapoor, has resigned effective July 18. He will be succeeded by Amitesh Shah starting July 19. Shah has been with Godrej Properties since 2011 and most recently served as Region Head for MMR.
On Friday, shares of Godrej Properties closed at Rs 2,363.55, up 1.1% over previous close.
