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Board accepted MD/CEO Rahul Pandit's resignation effective 1 Nov 2026 and appointed Himmat Singh Sandhu for 3 years; approved authorised capital increase from Rs 75.2 Cr to Rs 160 Cr. First CEO transition since listing, amid ongoing asset and financing restructuring at the hospitality platform. Successor brings extensive hotel development and operations experience; no equity issuance terms, funding plan or valuation disclosed. Appointments and capital increase require shareholder approval.
Advent Hotels International Names Himmat Sandhu CEO After Rahul Pandit Resigns
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