Aditya Birla Real Estate Limited (ABREL) has announced a significant change in its Key Managerial Personnel (KMP). The Board of Directors, upon the recommendation of the Nomination and Remuneration Committee and the Audit Committee, has approved the appointment of Mr. Keyur Shah as the new Chief Financial Officer (CFO) and KMP. This appointment will be effective from March 1, 2026. Mr. Keyur Shah's appointment is a consequence of the superannuation of the current CFO, Mr. Snehal Shah, in accordance with the company's policy. Mr. Snehal Shah will be relieved of his responsibilities as CFO and KMP at the close of business hours on February 28, 2026. The company has expressed its deep appreciation for Mr. Snehal Shah's valuable services and contributions during his tenure. Mr. Keyur Shah brings over 30 years of extensive professional experience, particularly in Real Estate Investment Services. He joined ABREL's wholly-owned subsidiary, Birla Estates Private Limited (BEPL), as CFO on May 15, 2023. Previously, he held significant positions at HDFC, including MD and CEO of HDFC Property Ventures Limited and Non-Executive Director of HDFC Education & Development Services Ltd. His profile highlights a successful track record in managing fund corpus, establishing operations, and handling investment exits, including IPOs. He has also worked with KPMG and Castrol India Ltd.
