Mr. Omprakash Rungta Appointed as Additional Independent Director at Atal Realtech Ltd; Nomination Committee Reconstituted
Atal Realtech Ltd has announced key outcomes from its Board meeting held on July 21, 2026, approving the appointment of Mr. Omprakash Mohanlal Rungta as an Additional Non-Executive Independent Director. The company also approved the reconstitution of its Nomination and Remuneration Committee.Mr. Omprakash Mohanlal Rungta was appointed to the board with effect from July 21, 2026. His tenure is for a period of five years, running until July 20, 2031. The appointment remains subject to shareholder approval at the ensuing general meeting of the company.
The Board also approved the reconstitution of the Nomination and Remuneration Committee. This change involves appointing Mr. Omprakash Mohanlal Rungta as a Non-Executive Independent Director member in place of Mr. Akshay Vinod Dhongade.
Following the reconstitution, the composition of the Nomination and Remuneration Committee stands as follows:
| Sr. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Ms. Sharanya Shashikant Shetty | Chairperson | Non-Executive Independent Director |
| 2 | Mr. Kuntal Manoj Badiyani | Member | Non-Executive Independent Director |
| 3 | Mr. Omprakash Mohanlal Rungta | Member | Non-Executive Independent Director |
Profile of Mr. Omprakash Mohanlal Rungta
Mr. Omprakash Mohanlal Rungta, who holds DIN: 11807439, was appointed as an Additional Director to the Board of Atal Realtech Ltd.Regarding his background, Mr. Rungta graduated from Mumbai University in 1980 with a BSc (Hons) Chemistry degree. He previously worked at Bank of Baroda from December 1984 to January 2020 and retired as AGM of a Nationalised Bank. Currently, he is engaged in Financial Advisory and Consultancy.
The company noted that there are no inter-se relations between Mr. Omprakash Mohanlal Rungta and the other members of the Board. He holds Nil shares in the Company.
ATALREAL Stock Price Movement
Atal Realtech Limited shares closed lower today, shedding 0.72% or ₹0.22 to settle at ₹30.41. The equity saw solid market participation, with a total traded volume reaching 8.15 million shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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