BSECompany Update6d ago · 4 Aug 2026, 12:30 pm
Update on Appointment of Mr. Milind Wadekar as CFO & KMP of the Company.
Kamat Hotels (India) Ltd · 526668
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Kamat Hotels (India) Ltd has appointed Mr. Milind Wadekar as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with effect from August 1, 2026. Mr. Wadekar has over 30 years of experience in the hospitality sector and is a Chartered Accountant.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Kamat Hotels (India) Ltd - 526668 - Update On Appointment Of Chief Financial Officer & Key Managerial Personnel
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August 04, 2026
To, To,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra –Kurla Complex,
Mumbai - 400001. Bandra (E), Mumbai – 400051.
Code: 526668 Symbol: KAMATHOTEL
ISIN: INE967C01018
Dear Sir / Madam,
Subject: Update on Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, regarding the appointment of Chief
Financial Officer of the Company.
Reference: Intimation dated 12th May 2026
With reference to our earlier intimation dated May 12, 2026, submitted pursuant to Regulation 30
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the
appointment of Mr. Milind Wadekar as the Chief Financial Officer (CFO) and Key Managerial
Personnel (KMP) of the Company, we wish to inform you that Mr. Wadekar has joined the
Company with effect from August 01, 2026.
This disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Circular(s).
Kindly take the above information in your records.
Thanking You,
For Kamat Hotels (India) Limited
Nikhil Singh
Company Secretary & Compliance Officer
Place: Mumbai
Annexure
Sr. Particulars Details
1. Reason for change viz. appointment Appointment of Mr. Milind Wadekar as a Chief
/ Resignation, Removal, Death or Financial Officer (CFO) and Key Managerial
otherwise Personnel (KMP) of the Company.
2. Date of Appointment / Cessation August 01, 2026
3. Brief profile (in case of He is a seasoned finance leader with over 30
appointment) years of experience, including more than two
decades in the hospitality sector. He is a
Chartered Accountant with a Bachelor’s in
Commerce. He brings deep expertise in Finance,
Business Strategy, Merger & Amalgamations,
Risk management, Treasury, Taxation and
investor relations. He served as an Executive
Vice President - Finance and Investor Relations
at Ventive Hospitality Limited and before that he
served as CFO at Chalet Hotels Limited, where
he played a key role in optimizing financial
performance and driving shareholders value. He
is known for his strategic thinking and has
consistently delivered results by aligning
financial strategies with business goals.
4. Disclosure of relationships between
directors (in case of appointment of
a director)