We wish to inform you that Mr. Rahul Mitra, presently serving as Executive President - Company Secretary & Compliance Officer of Nicco Parks & Resorts Limited, has been appointed as a Director ....
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Nicco Parks & Resorts has appointed Mr. Rahul Mitra as its new Managing Director & CEO with effect from 27 January 2026, following a board meeting held on the same day. Mr. Mitra was previously serving as Executive President and Company Secretary & Compliance Officer of the company, a role he will now vacate as part of this internal elevation. He has been associated with Nicco Parks since 2011 and holds qualifications including LL.B., PGDBM, and Company Secretary membership, with leadership experience across governance, compliance, legal, finance, and park operations. His appointment is for a 3-year term, subject to shareholder and other statutory approvals, and is based on the recommendation of the Nomination & Remuneration Committee.
This is an internal succession move and should be viewed as a continuity signal rather than a disruption event. For shareholders, it means leadership transition is smooth with no external uncertainty, though final approval is pending from members at a general meeting.