ITC Hotels Limited has announced a change in its Board composition following the resignation of Mr. Tablesh Pandey. Mr. Pandey, who served as a Non-Executive Director representing the Life Insurance Corporation of India, tendered his resignation effective close of business on March 5, 2026. The resignation was formalized via a letter dated March 5, 2026, citing his acceptance of a new role as Chair professor at the National Insurance Academy, Pune.
Board Change Announced
ITC Hotels Limited officially informed the stock exchanges of a change in the composition of its Board of Directors. Mr. Tablesh Pandey, serving as a Non-Executive Director and representing the Life Insurance Corporation of India, has stepped down from his position.
Effective Date and Reason for Departure
Mr. Pandey’s resignation was effective from the close of business on March 5, 2026. In his formal resignation letter, dated March 5, 2026, Mr. Pandey stated that the decision was due to his acceptance of a selection offer to become the Chair professor (Life) in the National Insurance Academy, Pune.
Acknowledgement
The company acknowledged the departure, with the Company Secretary, Diwaker Dinesh, confirming receipt of the resignation. Mr. Pandey expressed thanks to the Board members and the entire team of ITC Hotels Limited for their support during his tenure.
Source: BSE