D B Realty Limited announced that at the board meeting held on November 14, 2017, the board approved vacation of office of Janak Desai as an independent director and a result thereof, Janak Desai shall vacate the office as a member of nomination & remuneration committee and stakeholders relationship committee of board of directors of the company; resignation of S.AK. Narayanan as a vice president & company secretary/compliance office/KMP whose tenure of service will end on the closing of business hours on December 4, 2017 and in his place appointment of Jignesh Shah as vice president & company secretary/compliance office/KMP with effect from opening business hours on December 5, 2017.