APOLSINHOTNSEApollo Sindoori Hotels LimitedMediumNegative
Announced Fri, 20 Mar · 17:29 IST

Apollo Sindoori Hotels Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

APOLSINHOT · price

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Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹1051.30
prior close
₹1067.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1-2.5-2.5-3.9-2.8-5.8-9.6-5.4-1.3+11.3+8.2+14.1+21.8
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AI summary

Apollo Sindoori Hotels Limited has informed the stock exchange that Ms. Nadakuditi Achutha Madhavi, the Company Secretary and Compliance Officer, has resigned from her position citing personal reasons. She will be relieved from her duties with effect from the closing hours of 15th June 2026, effectively serving a three-month notice period. As Company Secretary and Compliance Officer, she is classified as a Key Managerial Personnel (KMP) of the company. The resignation was communicated to the board via a formal letter, and the company will file the necessary forms with the Registrar of Companies and notify the stock exchanges. The announcement was signed by M SP Meyyappan, the Chief Financial Officer of the company.

Likely market impact

This is a routine KMP-level change with no immediate operational impact, as the outgoing Company Secretary has provided a three-month notice period ensuring a smooth transition. Investors should watch for the appointment of a successor, as the Compliance Officer role is mandatory under listing regulations.