CFO Atul Khosla resigns, Manish Bhagat named new CFO from Sept 21

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

PARKHOTELS · price

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▲ 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

Atul Khosla resigned as CFO of Apeejay Surrendra Park Hotels (PARKHOTELS) for a new professional opportunity. He will serve notice till December 20, 2026. Manish Bhagat, a Chartered Accountant with over 20 years experience across hospitality, aviation and retail, takes over as CFO and KMP from September 21, 2026. Bhagat was previously VP Finance at SAMHI Hotels, and earlier held roles at IndiGo and Devyani International.

Likely market impact

Orderly transition. New CFO is a CA with 20 plus years experience from SAMHI Hotels, IndiGo and Devyani International.