Milind Wadekar joins Kamat Hotels as CFO effective August 1, 2026

Management Changes View source PDF Explain this filing

KAMATHOTEL · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹170.77

prior close

₹171.94

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.8% vs market

Hotels & Resorts peers, median of 51sector+0.2%+1.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.0 pts more 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

-0.0

10m

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15m

-0.0

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.4+0.8+0.2+1.0

Next day

+1.2+1.7-0.5+0.1+1.2

+0.7+2.1-1.4+0.6+0.1

-0.1+2.1-2.2-0.5+0.4

-1.7+2.1-3.8-0.1-1.7

+3.1+1.9+1.2-1.2+4.2

+10.1+2.4+7.7-1.6+11.7

15d

+33.4+3.0+30.3-2.6+36.0

+31.8+3.7+28.0-2.7+34.4

+44.9+1.6+43.4-3.4+48.4

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UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 51Pending

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

AI summary

Kamat Hotels India appointed Mr. Milind Wadekar as its new Chief Financial Officer and Key Managerial Personnel effective August 1, 2026. Wadekar is a Chartered Accountant with over 30 years of finance experience, including more than two decades in the hospitality sector. He previously served as CFO at Chalet Hotels Limited and as Executive Vice President of Finance and Investor Relations at Ventive Hospitality Limited, bringing expertise in finance, business strategy, mergers, treasury, taxation, and risk management.

Likely market impact

Seasoned hospitality finance leader taking the CFO seat should strengthen financial governance and support strategic growth, a positive signal for shareholders.