Apeejay Surrendra Park Hotels Limited has informed the Exchange regarding Change in Director(s) of the company.
PARKHOTELS · price
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Apeejay Surrendra Park Hotels has appointed Mr. Raveesh Kumar Bhatia (DIN: 11618896) as an Independent Director for a term of five consecutive years, effective March 27, 2026, subject to shareholder approval. Mr. Bhatia is a finance professional with over 36 years of experience, including 29 years in senior client relationship and revenue generation roles with leading Indian private sector and international banks, plus stints in management consulting and process outsourcing. He is not related to any existing director on the board and is not debarred from holding a directorship by any authority. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board via a resolution passed by circulation on March 26, 2026.
This is a routine board composition change — the addition of an experienced banking and finance professional as an independent director strengthens the board's financial oversight expertise. No material impact on share price is expected, as the appointment is pending shareholder confirmation at a general meeting.