Park Hotels appoints Manish Bhagat as new CFO, Atul Khosla steps down

Cfo ResignedKmp 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

+1.3%Reaction day

₹106.21

prior close

₹106.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.9% vs market

Hotels & Resorts peers, median of 58sector-0.1%+1.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.4 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

+0.7

10m

+0.8

15m

+0.2

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+0.4+0.9-0.1+1.4

Next day

+1.2+1.7-0.5-0.1+1.3

-0.8+0.2-1.0-0.7-0.1

-0.2+0.5-0.7-1.5+1.3

-1.1-1.1-0.0-2.6+1.5

-4.1-0.1-4.0-2.6-1.5

-2.6-1.6-0.9-2.6+0.0

15d

-2.6-1.4-1.2-2.6+0.0

-5.8-7.4+1.6-4.7-1.1

—————

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 58Pending

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

AI summary

Apeejay Surrendra Park Hotels appointed Manish Bhagat as CFO and KMP effective September 21, 2026. He succeeds Atul Khosla, who stepped down to pursue another opportunity. Bhagat brings over 20 years of finance experience across hospitality, retail, aviation and aerospace, with prior leadership roles at SAMHI Hotels, Devyani International, AirWorks and IndiGo. The company operates 42 hotels across India under brands including THE PARK and Zone by The Park.

Likely market impact

Orderly CFO transition to an experienced hire from listed peers. Neutral at hire, could support financial discipline and growth plans.