DLF’s board of directors has promoted its whole-time directors Devinder Singh and Ashok Kumar Tyagi, as the CEOs, effective immediately.
The company also informed in a filing, that the board of directors, “on the recommendation of the nomination and remuneration committee of the company has co-opted Savitri Devi Singh and Anushka Singh as additional directors of the company with immediate effect, subject to the approval of the shareholders.”
Founded in 1946 by Chaudhary Raghvendra Singh, DLF started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the region of Gurugram, creating living and working spaces for the Indian global professionals.
DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities.