New Delhi, India | July 2026
TARC Limited, one of India’s leading luxury real estate developers, has appointed Mridul Shreevastava as its Chief Human Resources Officer (CHRO). The appointment comes as the New Delhi-headquartered company looks to strengthen its leadership team in support of its next phase of growth and organizational transformation.
In his new role, Shreevastava will lead TARC’s enterprise-wide people agenda, overseeing talent acquisition, performance management, rewards, learning and development, employee experience, and organizational capability building. Notably, his mandate extends beyond the HR function – he will also head Business Excellence and the Project Management Office (PMO), giving him a broad remit across planning, execution, governance, and operational excellence.
A Career Built Across Sectors and Scale
Shreevastava brings over 23 years of HR leadership experience spanning technology, telecommunications, financial services, real estate, and hospitality. His career is marked by a consistent ability to build and scale high-performing organizations through periods of significant transformation.
Most recently, he co-founded Chieftain Search & Advisory, serving as Co-Founder and Principal Consultant, where he advised organizations on executive search, leadership, and people transformation.
Before that, he spent nearly seven years as Chief People Officer at Spectra (formerly Systema Shyam), leading the company’s enterprise people strategy through a complex period of business restructuring, diversification, and governance transformation.
During his tenure, he drove organizational restructuring that contributed to an annual EBITDA improvement of approximately ₹10–12 crore, and redesigned the company’s sales capability architecture, supporting 18% year-on-year revenue growth.
He also implemented AI-enabled HR technology platforms, established ESOP-linked executive compensation frameworks, and played a pivotal role in incubating a MedTech business that achieved approximately ₹50 crore in revenue in its first year.
Scaling HR from the Ground Up at Hero FinCorp
One of the most defining chapters of Shreevastava’s career was his five-year stint as Head of Human Resources at Hero FinCorp. Joining at a nascent stage, he helped build the company’s HR architecture from scratch during one of its most significant growth phases – supporting a workforce expansion from just two employees to more than 7,000, while the company’s assets under management grew from approximately ₹350 crore to ₹19,000 crore.
His contributions at Hero FinCorp included designing enterprise performance and rewards frameworks, developing leadership succession programs, building workforce analytics capabilities, and crafting executive compensation strategies aligned with private equity investor expectations.
Earlier Career and Academic Credentials
Earlier in his career, Shreevastava served as Senior Manager – Human Resources at Religare, where he led organization development and enterprise learning for a workforce of over 10,000 employees, and established the organization’s digital learning platform. He also held the position of Assistant Manager – Human Resources at DLF Homes, managing talent acquisition, manpower planning, employee engagement, and performance management.
He holds an Executive Diploma in Human Resources from XLRI – Xavier School of Management and a Post Graduate Diploma in Business Management from the Institute of Management Studies, Ghaziabad.
About TARC Limited
TARC Limited is a luxury real estate developer with a legacy spanning nearly four decades. Headquartered in New Delhi, the company has built a strong presence across residential, commercial, hospitality, and mixed-use developments in the National Capital Region. The company focuses on premium, future-ready developments combining architectural excellence with customer-centric design and long-term value creation.
With Shreevastava now at the helm of its people function, TARC signals a clear intent to invest in organizational capability and leadership as it charts its next phase of growth.
