Benares Hotels Limited Appoints Sumit Singh Deol as Chief Executive Officer
Benares Hotels Limited has officially appointed Mr. Sumit Singh Deol as Chief Executive Officer effective February 24, 2026, following board approval based on Nomination and Remuneration Committee recommendations. The appointment complies with SEBI Listing Regulations, with the company providing comprehensive disclosures to BSE Limited under scrip code 509438.
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Benares Hotels Limited has appointed Mr. Sumit Singh Deol as Chief Executive Officer (CEO), designating him as Key Managerial Personnel (KMP) of the company effective February 24, 2026. The appointment was approved by the Board of Directors during their meeting held on February 24, 2026, based on recommendations from the Nomination and Remuneration Committee.
Board Meeting and Regulatory Compliance
The board meeting commenced at 02:15 pm and concluded at 02:40 pm on February 24, 2026. The appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company providing detailed disclosures as required under the regulatory framework.
| Meeting Details: | Information |
|---|---|
| Meeting Date: | February 24, 2026 |
| Start Time: | 02:15 pm |
| End Time: | 02:40 pm |
| Regulatory Compliance: | Regulation 30 of SEBI Listing Regulations |
| SEBI Circular Reference: | SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 |
The company has communicated this appointment to BSE Limited under scrip code 509438, fulfilling its disclosure obligations as a listed entity.
New CEO Profile and Experience
| Parameter: | Details |
|---|---|
| Name: | Mr. Sumit Singh Deol |
| Position: | Chief Executive Officer (CEO) |
| Appointment Date: | February 24, 2026 |
| Term: | As per the terms of employment of the Company |
| Education: | Hotel Management from IHM Chennai |
| IHCL Joining: | 2010 as Restaurant Manager |
Mr. Deol brings substantial experience in hospitality management to his new role. He joined IHCL in 2010 as a Restaurant Manager in Taj Coromandel, Chennai, and has since developed extensive expertise in Food & Beverage operations and General Management.
Professional Achievements
Throughout his career with the organization, Mr. Deol has demonstrated strong leadership capabilities by successfully managing teams at multiple prestigious properties. His experience includes leadership roles at Taj Taal Kutir and management positions at Taj Coromandel, Chennai. He has extensive experience in Food & Beverage operations, a proven track record in General Management, and has been recognized through various industry awards and laurels.
Company Information
Benares Hotels Limited operates with its registered office located at Taj Ganges, Nadesar Palace Compound, Varanasi, and maintains its corporate office at Taj Palace, Sardar Patel Marg, New Delhi. The company is incorporated under CIN: L55101UP1971PLC003480 and trades on BSE under scrip code 509438. The appointment represents a strategic leadership decision as the company continues its operations in the hospitality sector.
Historical Stock Returns for Benares Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -3.66% | +0.22% | +0.22% | +0.22% |
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