KAMATHOTELNSEKamat Hotels (I) Limited· HotelsMediumNeutral
Announced Tue, 12 May · 16:08 IST

Kamat Hotels (I) Limited has informed the Exchange about appointment of Chief Financial Officer of the Company with effect from August 01, 2026.

Management Changes View source PDF

KAMATHOTEL · price

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Price reaction · full curve 14 horizons · vs prior close
-7.2%1-day move
₹174.10
prior close
₹174.00
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AI summary

Kamat Hotels has announced the appointment of Mr. Milind Wadekar as Chief Financial Officer and Key Managerial Personnel with effect from August 1, 2026. Wadekar is a seasoned finance leader with over 30 years of 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. The appointment was approved by the Board based on recommendations from the Nomination and Remuneration Committee and Audit Committee. Wadekar is not related to any Director on the Board.

Likely market impact

The appointment brings experienced financial leadership to Kamat Hotels from a proven hospitality finance executive, which could provide stability and strategic direction for the company's financial operations.