Appointment of Chief Financial Officer of the Company with effect from August 01, 2026.
KAMATHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.
The appointment of an experienced external finance leader with deep hospitality sector expertise is a positive governance signal for the company and its shareholders.