The board of directors of D B Realty Limited at its meeting held on February 14, 2018, approved the re-constitution of the Stakeholders Relationship Committee by inducting Mr. N.M. Rafique, Independent Director as new member and Chairman of the Committee in place of Mr. Janak Desai, whose office as Independent Director got vacated pursuant to Sec. 167(l)(b) of the Companies Act, 2013; re-constitution of the Nomination & Remuneration Committee by inducting Mr. N.M.Rafique, Independent Director as new member of the Committee in place of Mr. Janak Desai, whose office as Independent Director got vacated pursuant to Sec. 167(l)(b) of the Companies Act, 2013; appointment of Mr. Devender Kumar Vasal as Additional Director (to act in the capacity of ‘Independent Director') with effect from 14th February, 2018 for a tenure of five years; and the appointment of Mr. Asif Balwa as Chief Financial Officer and Key Managerial Personnel of the company with effect from 14th February, 2018 in place of Mr. A. Anil Kumar who has resigned with effect from the closing of the business hours on November 15, 2017 and authority to Mr. Asif Balwa, (in addition to Mr. Shahid Balwa, Managing Director) for the purpose of determining materiality of an event or information and making such disclosures to Stock Exchanges under Regulation 30(5) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.