Punjab Industry Minister Sanjeev Arora has resigned from his position as managing director of Hampton Sky Realty Ltd (formerly Ritesh Properties and Industries Limited) and eight other associated companies.
In his resignation letter submitted to the board of directors of Hampton Sky Realty Limited, Arora cited his recent election as an MLA on June 23 and his subsequent appointment as cabinet minister on July 3 as the reason for stepping down.
“The assumption of this high public office necessitates my undivided attention and unwavering commitment to the service of the state of Punjab and its people. It is unequivocally untenable for me to continue holding the office of managing director,” Arora stated in the letter.
Arora thanked the board, senior management and stakeholders for their support. He said that he always tried to serve with integrity and hoped the company would continue on its path of “responsible growth”. “I am fully focused on fulfilling my constitutional duties with sincerity, transparency and dedication. I will continue to work towards creating progressive policies and delivering tangible outcomes that uplift the lives of people across Punjab,” said Arora.
“In light of the paramount public interest and Constitutional responsibilities, not only it is incumbent upon me, but it is even unequivocally untenable for me to continue holding the office of managing director in the company,” he added.
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