The resignation is effective from the close of business hours on 9 June 2025, the company said in a regulatory filing. No reason was specified for his departure.
Oberoi Realty is a Mumbai-based real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure projects.
The company's consolidated net profit tumbled 45.03% to Rs 433.17 crore on a 12.52% drop in revenue from operations to Rs 1,150.14 crore in Q4 FY25 over Q4 FY24.
Shares of Oberoi Realty rose 0.73% to Rs 1,916.55 on the BSE.
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