EMAMI Realty Board Appoints Ram Krishna Agarwal as Additional Director
Board Strengthens Finance Oversight with Senior Appointment
EMAMI Realty's Board appointed Mr. Ram Krishna Agarwal as an Additional Director in the category of Non-Executive Director, effective from July 1, 2026, subject to shareholder approval. The Board approved the appointment during the meeting on May 27, 2026, when it also finalized FY26 audited results.
Background and Expertise
Mr. Agarwal, a qualified Chartered Accountant with over 50 years of experience, is a former Managing Partner of S. R. Batliboi & Co. and a former Director of Ernst & Young India Pvt. Ltd. His appointment brings substantial institutional financial expertise to the company's leadership structure.
Committee Assignments
Mr. Agarwal has been appointed Chairman of the Finance Committee and included in the Nomination & Remuneration Committee and Corporate Social Responsibility Committee. The Board reconstituted its committees effective July 22, 2026.
Financial Context
EMAMI Realty reported a consolidated net loss of ₹18,947.07 lakh for FY26, widening from ₹12,623.76 lakh in FY25, while revenue rose to ₹9,315.63 lakh. The appointment strengthens the board's capacity for financial oversight during a challenging business period. Finance costs for the year stood at ₹9,700.36 lakh.
About EMAMI Realty
EMAMI Realty, the real estate arm of EMAMI Group incorporated in 2006, undertakes projects in residential, commercial and retail sectors across West Bengal, Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Orissa, Maharashtra and Sri Lanka. The company has delivered landmark projects including South City, Urbana, Orbit Heights and EMAMI City in Kolkata, EMAMI Tejomaya in Chennai, EMAMI Aerocity in Coimbatore, and EMAMI Nature in Jhansi.
