

Moving purposefully towards our goal of building HDIL into a professionally managed corporate, we have re-structured our board of directors, to include luminaries from diverse fields and areas of expertise. With people from the banking, legal and finance fields as independent directors, HDIL now has an ideal mix of executive and independent directors.
The current board members are :
| Mr. Rakesh Kumar Wadhawan | Executive Chairman |
| Mr. Sarang Wadhawan | Managing Director |
| Mr. Waryam Singh | Director |
| Mr. Ashok Kumar Gupta | Director |
| Mr. Satyapal Talwar | Independent Director |
| Mr. Shyam Sunder Dawra | Independent Director |
| Mr. Lalit Mohan Mehta | Independent Director |
| Mr. Sunil Behari Mathur | Independent Director |
| Mr. Surinder Kumar Soni | Independent Director |
| Mr. Ramesh Chander Kapoor | Independent Director |
| Mr. Raj Kumar Aggarwal | Independent Director |
![]() |
Mr. Rakesh Kumar Wadhawan is Executive Chairman, founder and one of the promoters of the HDIL Group. He has over 30 years of experience in the real estate and infrastructure industry. He is a member of many industry organisations and has actively participated in international housing-related seminars. His vision and expertise has steered HDIL’s growth in residential, commercial and infrastructure projects. | |
![]() |
Mr. Sarang Wadhawan is Managing Director and one of the company’s promoters. He has a MBA from Clarks University, Worcester, U.S.A. and a B.Comm degree from Mumbai University. Mr. Sarang Wadhawan has considerable experience in the real estate and housing finance industry. With ambitious plans for the growth and expansion of the company, he is actively involved in setting and executing its strategic objectives. | |
![]() |
Mr. Waryam Singh is a non executive director of the company. He has over 25 years of experience in banking, finance, civil construction and land development. He was the chairman of Punjab and Maharashtra Co-operative Bank Limited from 1999 to 2005 and was instrumental in achieving the "Scheduled Status" for the bank. | |
![]() |
Mr. Ashok Kumar Gupta is a director of the company. He is renowned for his experience in corporate law and finance, which spans more than 25 years. He currently serves on the board of various companies. He is a qualified Chartered Accountant and also holds a LL.B degree from Government Law College, Mumbai. | |
![]() |
Mr. Satya Pal Talwar is an independent director of the company. He has more than 40 years of experience in banking, finance and planning. He was the Deputy Governor of the Reserve Bank of India from November 1994 to June 200 I. Prior to that, he was also the Chairman and Managing Director of three public sector banks. He currently serves on the board of directors of various companies. Mr. Talwar holds B.A. and LL.B degrees. He is also a Certified Associate Member of the Indian Institute of Bankers ("CAIIB"). | |
![]() |
Mr. Shyam Sunder Dawra is an independent director of the company. He is a retired Indian Administrative Service officer and has served the Government of India and the Government of Punjab in various capacities. He retired as the Secretary (Department of Personnel and Training), Government of India. He is presently Chairman of the Punjab Revenue Commission and a Director of the Food Corporation of India. Mr. Dawra has a Masters in English from Punjab University and a Masters in Business Administration from the University of Leeds, England. | |
![]() |
Mr. Lalit Mohan Mehta is an independent director of the company. He is a retired Indian Administrative Service officer. His experience in government service spans urban affairs, planning, fiscal issues, public affairs and personnel relations. He retired as the Secretary (Urban Development), Government of India. He holds a B.A. degree from Punjab University and has a post graduate degree in development studies, a course comprising aspects of economics, political science and sociology, from the University of Bath in the United Kingdom. | |
![]() |
Mr. Sunil Behari Mathur is an independent director of the company. He has more than 40 years of experience in insurance and housing finance. He was the chairman of Life Insurance Corporation of India from August 2002 to October 2004. He is currently on the board of directors of various companies and is also chairman of the National Stock Exchange. He is a qualified chartered accountant. He has also been sponsored by the United States Agency for International Development ("USAID") for a training program on housing finance at the Wharton Business School. | |
![]() |
Mr. Surinder Kumar Soni is an independent director of the company and has over 40 years of experience in the banking and finance industry. He was Chairman of the Oriental Bank of Commerce and was appointed as the ombudsman for the banking industry by the Reserve Bank of India, on his retirement from this post. He currently serves on the board of directors of various companies. He has a Bachelors degree in science and a LL.B from Delhi University. He is also a Certified Associate of the Indian Institute of Bankers ("CAIIB"). | |
![]() |
Mr. Ramesh Chander Kapoor is an independent director of the company. He was Chairman and Managing Director of United Bank of India and Executive Director of Oriental Bank of Commerce. He was appointed Ombudsman of the Reserve Bank Of India for three years, from 1996 to 1999. He holds a B.SC degree and is a member of the CAIIB. | |
![]() |
Mr. Raj Kumar Aggarwal is an independent director of the company. A practising Chartered Accountant since 1980, he has been the President of C.A. Welfare Association and the Director of SEBI Gilts Limited, a subsidiary of State Bank of India.. Currently, he serves on the board of BOB Capital Market Limited, a subsidiary of Bank of Baroda, and is also a member of the audit committee of the Board. Additionally, he serves as a trustee with Canara Rebeco Mutual Fund, a joint venture of Rebeco Group N.V. Netherlands and Canara Bank a leading Nationalised Bank of India. He is also Chairman of the audit committee of the Trust. |

| Mr. K. P. Devassy | Chief Financial Officer |
| Mr. Mukesh Gupta | CEO, HDIL Entertainment |
| Mr. Romel Bhog | CEO, HDIL Leisure |
| Mr. Pramod Purandare | Sr.VP (Land) |
| Mr. Shashikant S. Shinde | Sr.VP (Arch. General Projects) |
| Mr. Balraj Dubey | Sr.VP (Construction) |
| Mr. Dilipkumar Sinha | Sr. VP (HR & Admin) |
| Mr. V P Sharma | Sr. VP (Maintenance & Recovery) |
| Mr. Kedarnath Rao Ghorpade | Sr. VP - Design & Development Planning |
| Mr. Darshan Majumdar | VP (Company Secretary & Legal) |
| Mr. Makarand Todankar | VP (Banking) |
| Mr. S K Singh | VP (HR & Admin) |
| Mr. Tushar Sawant | VP-Accounts |
| Mr. Sanjay Mishra | VP-IT |
| Mr. Sanjay Kumar Bansal | VP - Mall |
| Mr. Venkat N Iyengar | VP (TDR) |
| Mr. Richard JV Madhok | VP - Corporate Finance |
| Mr. Minesh C Shah | VP - System Compliance |
| Mr. Sachin Mahamunkar | VP (Liaisoning) |
| Mr. Hari Prakash Pandey | VP (Finance & Investor Relations) |
| Ms. Veena Sangli | VP (Arch. General Projects) |
| Ms. Lydia Luis | VP (Residential Sales) |
| Mr. Amit Sathe | AVP (Marketing & Commercial Sales) |
| Mr. Arvind Patil | AVP - Legal |