Intimation of Appointment of Mr. Priyanshu Kothari as Chief Financial Officer in Super Civiltech Private Limited, Wholly Owned Subsidiary of the Company
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Sayaji Hotels (Pune) Ltd has informed the stock exchange that its wholly owned subsidiary, Super Civiltech Private Limited, appointed Mr. Priyanshu Kothari as the new Chief Financial Officer with effect from September 5, 2025. He takes over from Mr. Goverdhan Singh Panwar, who resigned from the CFO post at the subsidiary. Mr. Kothari is a Chartered Accountant (Membership No. A479539) and was previously serving as Assistant Finance Manager, with experience in finance, taxation, compliance, and financial reporting. The appointment was made by the Board of Directors of Super Civiltech Private Limited at a meeting held on the same day.
This is a routine internal management change at the subsidiary level only and does not affect the parent company's leadership. Since the new CFO is an internal promotion with relevant finance expertise, it signals continuity in financial controls and is unlikely to have any material impact on the parent company's stock price or shareholder value.