Apeejay Surrendra Park Hotels Limited has announced the retirement of Mr. Suresh Kumar, an Independent Director and the Chairperson of the Audit and Risk Management Committee. His cessation is effective from the close of business hours on March 28, 2026, upon completing his stipulated tenure. Following this change, Mr. Ranjit Kumar Pachnanda will take over as the new Chairperson of the Audit and Risk Management Committee starting March 27, 2026.
Key Board Transition Announced
Apeejay Surrendra Park Hotels Limited has formally notified stock exchanges regarding a significant change in its Board composition. Mr. Suresh Kumar (DIN: 02741371), serving as an Independent Director and holding the position of Chairperson of the Audit and Risk Management Committee, will be retiring from the Board.
Effective Dates of Cessation and Appointment
The retirement of Mr. Suresh Kumar will be effective from the close of business hours on March 28, 2026, following the completion of his mandated tenure.
In a scheduled transition, the Board has designated a successor for the key committee role. Mr. Ranjit Kumar Pachnanda (DIN: 03358887), also an Independent Director, will assume the responsibilities of the Chairperson of the Audit and Risk Management Committee with effect from March 27, 2026, one day prior to Mr. Kumar’s official departure.
Regulatory Details Provided
The company confirmed that the details required under Regulation 30 concerning the cessation of an Independent Director, including the reason (retirement upon completion of tenure) and profile information, have been provided in the enclosed Annexure A for compliance purposes.
Source: BSE
