Shriram Properties Limited, one of India’s leading residential real estate developers, has announced the appointment of Mrs. Revathy Iyer and Dr. R. Seetharaman as Independent Directors on its Board for a five-year term, subject to shareholders’ approval.

Mrs. Revathy Iyer is a distinguished former officer of the Indian Audit and Accounts Service (IA&AS), who retired from public service in 2014. Subsequently, she served as a Central Board Member of the Reserve Bank of India (RBI) and as Chairperson of the Government Accounting Standards Advisory Board.

Over the course of her illustrious career, she held several senior positions, including as Deputy Comptroller and Auditor General (Government Accounts), Additional Deputy Comptroller and Auditor General (Eastern States) and Joint Secretary in the Department of Atomic Energy, Government of India. She has also served in various roles across the Indian Railways, the Department of Personnel & Training, State Accounts & Audit offices and the Indian High Commission.

She currently serves as an Independent Director and Chairperson of the Audit Committee on the Boards of both TVS Holdings Limited and Bharatiya Reserve Bank Note Mudran Private Limited.

Dr. R. Seetharaman is a distinguished banker with over four decades of experience in the global financial services industry. He served as the Chief Executive Officer of Doha Bank from 2007 to 2022.

Dr. Seetharaman is a committed advocate of sustainable development, green banking and social responsibility. In recognition of his contributions to the banking industry and the Indian diaspora, the Government of India has conferred upon him the prestigious “Pravasi Bharatiya Samman Award”, the highest honour conferred on overseas Indians, in 2017. He has also received several international recognitions, including Lifetime Achievement Awards from The Banker Middle East and the Institute of Directors, among other honours.

He currently serves as an Independent Director and Chairperson of the Audit Committee on the Board of L&T Finance Limited.

These appointments are aimed at bringing diverse perspectives, deep institutional experience and strategic insight to the Board. Their combined expertise across public administration, financial management, banking, governance and sustainability is expected to add significant value to the Company’s strategic direction and long-term growth.

Mrs. Revathi Iyer and Dr. Seetharaman will succeed the existing Independent Directors, who will be completing their two consecutive terms in November 2026.

Commenting on the appointments, M. Murali, Chairman and Managing Director, said: “We are delighted to welcome Mrs. Revathy Iyer and Dr. R. Seetharaman to the Board. Their distinguished professional journeys and diverse experience will strengthen the Board’s vision, governance framework and collective capabilities. We are confident that their guidance and insights will be invaluable as the Company pursues its growth ambitions while upholding the highest standards of corporate governance.”