Real estate major DLF on Saturday said that it had appointed directors Rajeev Talwar and Mohit Gujral as co-CEOs of the company.

The decision was taken in a meeting of the board of directors, the company said in a BSE filing.

Talwar and Gujral were appointed whole-time directors of the company for a period of five years in February last year.

The company has commercial assets, which includes office buildings, shopping malls and SEZs, comprising of about 30 million sq ft with an annual rental income of Rs.2,200 crore. In 2014-15, DLF posted a consolidated net profit of Rs.540 crore over revenues of Rs.8,168 crore.