Apeejay Surrendra Park Hotels Limited has announced the retirement of its Independent Director Mr. Suresh Kumar, effective March 28, 2026. The announcement was made through a regulatory filing to comply with SEBI disclosure requirements.

Director Retirement Details

Mr. Suresh Kumar, who holds DIN 02741371, will retire from the company's Board on March 28, 2026, at the close of business hours. The retirement comes upon completion of his stipulated tenure as an Independent Director. Currently serving as the Chairperson of Audit and Risk Management Committee, Mr. Kumar's departure marks the end of his regulatory term with the company.

Leadership Transition

The company has announced a seamless transition in committee leadership. Mr. Ranjit Kumar Pachnanda, holding DIN 03358887, will assume the role of Chairperson of Audit and Risk Management Committee effective March 27, 2026. This transition ensures continuity in the committee's operations before Mr. Kumar's formal retirement.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Shalini Keshan signed the regulatory filing on March 26, 2026. The announcement was simultaneously communicated to both the National Stock Exchange of India Limited and BSE Limited.

The company has provided all required details under Regulation 30(6) read with Para A(7) of Part A of Schedule III of the SEBI Listing Regulations, ensuring full regulatory compliance with the directorial change.

Apeejay Surrendra Park Hotels Limited has announced the appointment of Mr. Raveesh Kumar Bhatia as an Independent Director, marking a significant addition to its board leadership. The appointment was approved by the Board of Directors through a resolution passed by circulation on March 26, 2026, following recommendations from the Nomination and Remuneration Committee.

Appointment Details

The company has disclosed the appointment under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The key details of the appointment are structured as follows:

Professional Background

Mr. Bhatia brings extensive experience to the board, with a distinguished career spanning over three decades in the financial sector. His professional credentials include:

• Total Experience: 36 years in finance
• Banking Experience: 29 years in senior client relationship management and revenue generation roles
• Banking Institutions: Leading Indian private sector and international banks
• Additional Experience: 3 years in management consulting and 3 years in process outsourcing

Leadership Capabilities

The newly appointed director has demonstrated strong leadership capabilities throughout his career. His experience encompasses:

• Heading large relationship teams
• Managing substantial client portfolios
• Servicing key clients across diverse sectors including multinational corporations, large domestic corporates, public sector undertakings, and mid-market enterprises

Regulatory Compliance

The appointment adheres to all regulatory requirements and disclosure norms. Key compliance aspects include:

Board Enhancement

Mr. Bhatia's appointment as an Additional Director in the capacity of Independent Director is expected to strengthen the company's governance framework. His extensive banking and financial services background aligns with the hospitality sector's evolving financial landscape and strategic requirements.

The appointment reflects Apeejay Surrendra Park Hotels Limited's commitment to enhancing board diversity and bringing specialized expertise to support the company's strategic objectives. The formal approval process will be completed upon receiving shareholder consent as required under applicable regulations.