EWDPL appoints Yagnesh Sanghrajka as Chief Financial Officer

Online, October 31, 2009 (Newswire.com) - Entertainment World Developers Pvt. Ltd. (EWDPL) has announced appointment of Yagnesh Sanghrajka as the company's Chief Financial Officer. Yagnesh will be responsible for the company's fund raising activities, Finance & Accounts function and Investor relations. He will be based at EWDPL's Mumbai office.

Announcing the appointment, Chairman and Managing Director Mr. Manish Kalani said, "Yagnesh brings to EWDPL a wealth of operating experience in the area of finance and accounting, M&As, restructuring and investor relations. Having worked with large corporate houses and gained valuable experience by working on the buy side recently during his stay with a leading private equity firm, we welcome Yagnesh on board and with this help, look forward to continue our process of scaling up and professionalizing EWDPL as it grows rapidly into becoming India's largest developer in tier II emerging cities.

About EWDPL: EWDPL is the first and largest tier II developer in India. With two operational malls already running successfully at Indore, EWDPL is currently executing 22 more retail & hospitality and residential projects across 11 cities targeting a total development of ~25 million sq. ft. by end FY 2011-12. EWDPL has developed specialized in-house construction, engineering and fit-out capabilities which helps in better and efficient cost management. EWDPL's well known "Treasure" brand is a trusted name that offers consumers a high quality world class experience.