Sameer Gehlaut has stepped down as the Executive Chairman of Indiabulls Housing Finance and taken up the role of Non-Executive, Non-Independent Director of the company.
In a regulatory filing on Wednesday, the company said that Gehlaut informed the board that he has taken up the position of Chief Executive Officer of another listed company promoted by him, Indiabulls Ventures. Going forward, he said, he would like to focus full time on the Chief Executive's role for growing its consumer business in finance and healthcare on App Dhani.
Subhash Sheoratan Mundra, former Deputy Governor of Reserve Bank of India and an Independent Director