Indiabulls Housing Finance names S S Mundra non-executive chairman
Executive chairman Sameer Gehlaut will be CEO at Indiabulls Ventures
 "Indiabulls Housing Finance names S S Mundra non-executive chairman")
premium
Sameer Gehlaut has stepped down as executive chairman of Indiabulls Housing Finance with immediate effect.
S S Mundra, former deputy governor of Reserve Bank of India and an independent director on the board, will be non-executive chairman, the company said on Wednesday.
Mundra said he looked forward to working even more closely with the team.
Gehlaut, who steered the company since its inception in January 2000, has taken up the position of chief executive of another listed company promoted by him — Indiabulls Ventures. He will also be non-executive, non-independent director on the board the housing finance company. Under Gehlaut, the company completed its IPO in 2004 raising Rs 50 crore.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%