KAMATHOTELBSEKamat Hotels (India) Ltd· Leisure ServicesHighNeutral
Announced Tue, 12 May, 2026 · 16:02 IST

Appointment of Chief Financial Officer of the Company with effect from August 01, 2026.

KAMATHOTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-4.4%Reaction day
₹174.10
prior close
₹174.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.1% vs market
Hotels & Resorts peers, median of 56sector-0.2%-4.1% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.1 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.7
10m
-1.7
15m
-1.0
30m
-0.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-4.4+0.7-5.1-0.2-4.1
Next day
-7.2+0.9-8.2-0.0-7.2
2d
-7.9+0.6-8.5-0.3-7.6
3d
-6.4-0.8-5.6-0.8-5.6
4d
-6.3-0.4-6.0-1.2-5.1
5d
-6.0+0.2-6.2-0.6-5.4
1w
-7.0+1.4-8.4+0.4-7.3
15d
+3.5+4.2-0.7-0.6+4.1
1m
-1.5+6.3-7.8-0.9-0.6
2m
+6.9+11.3-4.4+1.7+5.2
3m
+8.0+14.0-6.0-2.1+10.1
UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 56Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kamat Hotels (India) Ltd has announced the appointment of Mr. Milind Wadekar as Chief Financial Officer and Key Managerial Personnel, effective August 1, 2026. The appointment was approved by the Board of Directors based on recommendations from the Nomination and Remuneration Committee and Audit Committee. Wadekar brings over 30 years of finance experience, including more than two decades in the hospitality sector. He is a Chartered Accountant and currently serves as Executive Vice President - Finance and Investor Relations at Ventive Hospitality Limited. Previously, he was CFO at Chalet Hotels Limited, where he played a key role in optimizing financial performance. The new CFO has no family relationship with any existing board director.

Likely market impact

The appointment of an experienced external finance leader with deep hospitality sector expertise is a positive governance signal for the company and its shareholders.