Transindia Real Estate Limited announced that based on the recommendation of Nomination and Remuneration Committee and Audit Committee, the Board of Directors of the Company at their meeting held on March 18, 2024, have approved the appointment of Mr. Ram Walase as a Chief Executive Officer and Key Managerial Personnel of the Company to focus on strategic plans that the Company had envisaged, effective March 18, 2024. Mr. Ram Walase has an impressive track record of 24 years of all-round experience in infrastructure, real estate, NBFC and consulting. Mr. Walase is an accomplished leader with last 14 years of experience in leadership/CEO roles with accomplished careers at VBHC Value Homes Ltd, IL&FS Property Services, CRISIL advisory and A F Ferguson & Company.

He has expertise in debt & equity investing in infrastructure & real estate assets, setting up new businesses & public private partnerships, turning around companies and executing projects.