BSEWest Leisure Resorts LtdMediumNeutral
Announced Tue, 31 Mar · 13:39 IST

Intimation regarding Appointment of Manager cum Chief Financial Officer (CFO) of the Company

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹85.38
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AI summary

West Leisure Resorts Ltd has appointed Mrs. Jyoti Shinde as Manager and Chief Financial Officer (CFO) of the company, effective April 1, 2026, based on the recommendation of the Nomination and Remuneration Committee. She is a qualified Chartered Accountant and Law Graduate with over 15 years of experience in accounts, taxation, audit, GST compliance, transfer pricing, and financial reporting. Her appointment as Manager is for a period of 5 years and is subject to shareholder approval at the next Annual General Meeting. She will be designated as a Key Managerial Personnel under Section 203 of the Companies Act, 2013, and is not related to any existing Director on the board.

Likely market impact

This is a routine key managerial appointment that strengthens the company's financial leadership with an experienced CA. For shareholders, it signals stable governance continuity, but being a small-cap hospitality company, the news is unlikely to materially move the stock price.