Apollo Sindoori Hotels Limited has inform that Mr. Munish Kumar, Chief Executive Officer of SINDOORI MANAGEMENT SOLUTIONS PRIVATE LIMITED, a material subsidiary of Apollo Sindoori Hotels Limited ( Company ) vide e-mail dated February 11, 2026 has tendered his resignation
APOLSINHOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Munish Kumar, Chief Executive Officer of Sindoori Management Solutions Private Limited (a material subsidiary of Apollo Sindoori Hotels), has resigned effective March 31, 2026. He cited pursuit of other professional and personal interests as the reason. Mr. Kumar, who served as Group CEO across Apollo Sindoori's entities, is also stepping down as Director of two other subsidiaries — Olive Plus Twist Avenues Private Limited and SMS UK Limited — on the same date. The company has filed this intimation under SEBI Listing Regulations, and detailed disclosures have been enclosed as required.
The departure of the Group CEO across multiple subsidiaries is a notable leadership change for investors to watch, as it may affect continuity of operations and strategy at the material subsidiary level. The market may view this as mildly negative in the short term until a replacement is announced, though the resignation is personal and effective only after a transition period of about six weeks.