CFO Atul Khosla resigns; Manish Bhagat appointed new CFO from Sep 21, 2026

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

PARKHOTELS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.7%Reaction day

₹107.77

prior close

₹108.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-2.3% vs market

Hotels & Resorts peers, median of 59sector+0.8%-1.4% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.5

15m

-0.9

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+1.6-2.3+0.8-1.4

Next day

-1.4+1.5-2.9+1.0-2.5

-0.1+1.9-2.0+1.5-1.6

-0.3+3.2-3.5+1.6-1.9

-2.2+1.7-3.9+1.2-3.4

-1.6+2.0-3.6+0.5-2.1

-5.5+1.4-6.8-0.7-4.8

15d

-3.8-0.8-3.0-2.2-1.6

-2.9-2.5-0.4-2.8-0.2

—————

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 59Pending

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

AI summary

Mr. Atul Khosla is stepping down as Chief Financial Officer (CFO) and Key Managerial Personnel of Apeejay Surrendra Park Hotels effective September 21, 2026, to pursue a new professional opportunity. He will serve a notice period until December 20, 2026 for smooth transition. Mr. Manish Bhagat, a Chartered Accountant with over 20 years of experience across hospitality, retail, aviation and aerospace (formerly with SAMHI Hotels, Devyani International and IndiGo), takes over as the new CFO from the same date.

Likely market impact

CFO transition handled smoothly with notice period. New CFO brings 20 plus years of finance expertise from listed hospitality and aviation companies.