Realty firm Omaxe has appointed Mohit Goel, son of founder Rohtas Goyal as its new Managing Director with immediate effect. Mohit Goyal was earlier serving as the Chief Executive Officer (CEO) of the company.
Omaxe Group promoter Rohtas Goyal will now be the chairman of the firm. He was earlier the Chairman and Managing Director (CMD).
These appointments are subject to shareholders’ approval, the real estate firm said in a regulatory filing on Saturday.
In a regulatory filing, Omaxe said the board of directors approved the re-designation of Rohtas Goyal as the company’s chairman and whole-time director with immediate effect.
The Board also approved the re-designation of Mohit Goel by appointing him as Managing Director from the rank of his current CEO and Whole Time Director.
As a result, Mohit Goyal is no longer the CEO.
Omaxe is one of the leading real estate developers in North India. It mainly has presence in Delhi-NCR, Uttar Pradesh, Punjab and Haryana.
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