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.

Apeejay Surrendra Park Hotels Limited has disclosed another acquisition of equity shares by promoter and director Karan Paul through on-market purchases. The latest transaction was disclosed under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015, representing continued shareholding accumulation within the promoter group structure.

Latest Acquisition Details

Karan Paul acquired 19,340 fully paid-up equity shares through on-market transaction executed on the National Stock Exchange on March 24, 2026. The purchase was conducted with a transaction value of ₹19.92 lakh, as disclosed in the official regulatory filing.

Updated Shareholding Position

The acquisition resulted in further changes to Karan Paul's individual shareholding position in the company. His holding increased from 71,322 shares to 90,662 shares, representing an increase from 0.03343% to 0.04249% of the total share capital.

Regulatory Compliance Framework

The disclosure was made under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015, and communicated to both NSE and BSE on March 25, 2026. Karan Paul holds the position of Director and Promoter in the company with DIN 00007240. The comprehensive disclosure includes detailed information about the transaction executed on-market through NSE.

Company Structure

Apeejay Surrendra Park Hotels Limited maintains an equity share capital of ₹21.34 crore divided into 21,33,74,246 fully paid-up equity shares of ₹1 each. The company's shares are listed on BSE Limited with scrip code 544111 and the National Stock Exchange of India Limited with symbol PARKHOTELS. Since the transaction involved on-market purchases, there was no change in the total share capital of the company.