Appointment of Chief Executive officer - Mr. Sumit Singh Deol w.e.f. 24.02.2026
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Benares Hotels Ltd (a Taj Group/IHCL subsidiary) has appointed Mr. Sumit Singh Deol as its new Chief Executive Officer effective February 24, 2026. Mr. Deol is a Hotel Management graduate from IHM Chennai who joined IHCL in 2010 as a Restaurant Manager at Taj Coromandel, Chennai. He brings experience in Food & Beverage and General Management, having previously led teams at Taj Taal Kutir and Taj Coromandel, Chennai. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee and follows the SEBI Listing Regulations disclosure format.
This is a routine senior leadership appointment within the IHCL/Taj Group ecosystem and is unlikely to have any immediate material impact on the stock price. Investors may view it as a stable internal succession move within the group.