Kolte-Patil Developers announces CEO resignation, board appointments

Kolte-Patil Developers Limited announced that atul bohra has resigned as group chief executive officer, effective from the close of business hours on November 11, 2025. He is leaving to pursue other professional opportunities. The board of directors accepted his resignation at their meeting on the same date.

Concurrently, the company announced significant board changes. Avani vishal davda was appointed as an additional director (non-executive and independent) for a five-year term, effective November 11, 2025, pending shareholder approval. Davda brings two decades of experience in real estate, consumer, retail, and hospitality sectors.

Additionally, sudha pravin navandar resigned as an independent director, effective November 11, 2025, citing "some other commitment." She holds directorships in Tribhovandas Bhimji Zaveri Limited, Yasho Industries Limited, Sudarshan Chemical Industries Limited, Anand Rathi Share and Stock Brokers Limited, and Anand Rathi Wealth Limited.