Max Estates director Dharmender Kumar resigns, effective October 21
Kumar is leaving his dual role as director and chief corporate affairs officer to pursue a new professional opportunity.
Key points
- Dharmender Kumar’s resignation took effect at close of business on October 21, 2026.
- He held the roles of director and chief corporate affairs officer and was part of the senior management team.
- The company said he was leaving to pursue a new professional opportunity.
- Max Estates disclosed the change under SEBI’s listing regulations.
Max Estates Limited said Dharmender Kumar resigned as its director and chief corporate affairs officer, effective at the close of business on October 21, 2026. The Noida-based real estate developer disclosed the change in a filing dated October 21 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Kumar was also a member of the company’s senior management team. Max Estates said he was leaving to pursue a new professional opportunity. The filing recorded the event at 7pm IST on October 21.
Kumar joined the company in 2025
The company’s board approved Kumar’s appointment on October 30, 2025, and he took up the director and chief corporate affairs officer roles from November 1 that year. Before joining Max Estates, he held corporate affairs roles within the Max Group. The company said it was grateful for his services and acknowledged his contributions.
Max Estates did not name a successor in the information available in its disclosure. The filing summary said further reasons and rationale were set out in annexures, but those details were not available here. No interim arrangement or specific operational impact was identified in the information reviewed.
A senior management change in Noida
Max Estates is the real estate development arm of the Max Group and is headquartered in Noida. Its projects and assets span Noida, Gurugram and Delhi. In Noida, the company has an operating asset, Max Towers, in Sector 16B, and has also received RERA approval for its Max One development in the same sector.
The leadership change is a corporate disclosure rather than a project approval or change to a property’s terms. The announcement does not state that Kumar’s departure affects construction, sales, customer service or any other business activity. Buyers and residents should therefore distinguish the personnel change from project-level updates; the filing does not announce a change to any project.
What to watch next
The next relevant update would be a company disclosure on any appointment to fill the director or chief corporate affairs officer position, or on changes to the responsibilities held by the remaining leadership team. Until then, the filing establishes the effective date of Kumar’s exit but does not set out a replacement plan.
For Noida’s property market, the immediate significance is the departure of a senior company executive, not a change in the status of a named development. Max Estates’ subsequent disclosures will clarify how it assigns the corporate affairs responsibilities and whether it makes a new board appointment.
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