TARC Limited Announces Appointment of Senior Management Personnel
TARC Limited has approved the appointment of key executives to its senior management team following a Board of Directors resolution passed on July 9, 2026. The company announced the appointments in conjunction with changes in reporting structure, designating these individuals as Senior Management Personnel.The board decisions saw Mr. Mridul Srivastava appointed as Chief Human Resources Officer (CHRO), and Mr. Ankush Kaul designated as Chief Business Officer (CBO). Mr. Ajay Gupta was also approved for the position of Chief Development Officer (CDO).
Mr. Srivastava's appointment took effect on July 9, 2026. Mr. Kaul’s appointment is effective from July 9, 2026. Mr. Gupta is set to join TARC Limited as CDO beginning July 16, 2026.
Details regarding the appointments and the profiles of the executives are provided below:
| Executive Name | Designate Role | Date of Appointment | Profile Highlights |
|---|---|---|---|
| Mridul Srivastava | Chief Human Resources Officer (CHRO) | July 9, 2026 | A seasoned CHRO with over 23 years of experience in enterprise transformation, specializing in organizational design and leadership development. He holds an Executive Diploma in HRM from XLRI. |
| Ankush Kaul | Chief Business Officer (CBO) | July 9, 2026 | A sales leader with over 25 years of diverse experience across services and products sectors. He possesses expertise in sales strategy and business growth. |
| Ajay Gupta | Chief Development Officer (CDO) | July 16, 2026 | A seasoned real estate leader with over 36 years of industry experience, holding senior leadership roles at organizations including L&T and Godrej Properties. |
All appointments are for full-time employment as per the company policy. The executives were designated as Senior Management Personnel consequent to these organizational changes.
TARC Stock Price Movement
Today, shares of TARC Limited edged higher, settling at ₹124.36 after gaining 0.07%. The stock was traded in a volume of 4.62 million shares during 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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