Sameer Gehlaut resigns as Executive Chairman of Indiabulls Housing Finance Ltd

New Delhi: Sameer Gehlaut has resigned from the position of Executive Chairman of Indiabulls Housing Finance Ltd. He has now taken on the role Chief Executive Officer of Indiabulls Ventures Ltd which is another company promoted by him.

Gehlaut has re-designated himself as Indiabulls Housing Finance Ltd’s non-executive and non-independent director of the company. 

Subhash Sheoratan Mundra, Ex-RBI Deputy Governor, has been appointed as non-executive chairman of Indiabulls Housing Finance Ltd from today itself, the company said in a regulatory filing.

“going forward he (Gehlaut) would like to focus full time on the Chief Executive's role for growing it's consumer business in finance and healthcare on App Dhani.,” the company said.

 

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