Apeejay Surrendra Park Hotels Limited announced a key leadership transition. Mr. Atul Khosla has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective September 21, 2026, to pursue a new professional opportunity. Concurrently, the company has appointed Mr. Manish Bhagat as the new CFO and KMP, also effective September 21, 2026. Mr. Bhagat brings over 20 years of diverse financial experience.
Leadership Transition at Apeejay Surrendra Park Hotels
Apeejay Surrendra Park Hotels Limited has confirmed a significant change in its top financial leadership. The Board of Directors, at a meeting held on September 17, 2026, accepted the resignation of Mr. Atul Khosla from his roles as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). His resignation is effective from September 21, 2026. Mr. Khosla cited a new professional opportunity as the reason for his departure.
New CFO Appointment
Following Mr. Khosla’s resignation, the company has appointed Mr. Manish Bhagat to fill the crucial positions of CFO and KMP. This appointment is also effective from September 21, 2026. Mr. Bhagat is a Chartered Accountant with a Commerce degree from Delhi University and possesses over two decades of extensive experience across various sectors, including hospitality, retail, engineering, and aviation. He has previously held senior finance roles at prominent organizations like SAMHI Hotels Limited, Devyani International Limited, and InterGlobe Aviation Limited.
Mr. Bhagat’s Expertise
Mr. Bhagat’s professional background includes deep expertise in treasury and capital management, debt fund raising, financial reporting, and compliance. The company’s announcement also confirmed that Mr. Bhagat is not related to any existing Directors of the Company and has significant knowledge of the hospitality business.
Source: BSE
