Nicco Parks & Resorts Appoints IAS Officer Abhishek Kumar Tiwary as Nominee Director
Nicco Parks & Resorts Limited has appointed Abhishek Kumar Tiwary, IAS, as a Nominee Director effective November 10, 2025. Tiwary, a 2012 batch IAS officer of the West Bengal cadre, is currently the Managing Director of West Bengal Tourism Development Corporation Limited (WBTDCL). The appointment follows WBTDCL's nomination and is expected to strengthen the company's governance and align with state tourism initiatives. Tiwary meets all statutory requirements for the directorship.
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Nicco Parks & Resorts Limited , a joint sector company with the Government of West Bengal, has announced a significant change in its directorate. The company has appointed Abhishek Kumar Tiwary, IAS, as a Nominee Director, effective November 10, 2025. This appointment follows the nomination by West Bengal Tourism Development Corporation Limited (WBTDCL), a key stakeholder in the company.
Key Details of the Appointment
| Particular | Detail |
|---|---|
| Name | Abhishek Kumar Tiwary, IAS |
| DIN | 11250469 |
| Effective Date | November 10, 2025 |
| Nominating Institution | West Bengal Tourism Development Corporation Limited (WBTDCL) |
| Current Position | Managing Director, WBTDCL |
| IAS Batch | 2012, West Bengal cadre |
Background and Implications
Mr. Tiwary's appointment comes as part of the ongoing collaboration between Nicco Parks & Resorts and the West Bengal government. As a 2012 batch IAS officer of the West Bengal cadre, Tiwary brings valuable administrative experience to the board. His role as the Managing Director of WBTDCL suggests a strong understanding of the tourism sector, which aligns well with Nicco Parks & Resorts' operations in the entertainment and leisure industry.
The company's board has confirmed that Mr. Tiwary fulfills all conditions specified in the Companies Act and is not debarred from holding the office of Director by any order of SEBI or any other authority. This appointment is expected to strengthen the company's governance structure and potentially enhance its strategic alignment with state tourism initiatives.
Compliance and Disclosure
Nicco Parks & Resorts has promptly disclosed this change in directorate to the Bombay Stock Exchange, in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also confirmed that Mr. Tiwary is not related to any existing directors on the board, ensuring compliance with corporate governance norms.
This appointment marks a continuation of the public-private partnership model that Nicco Parks & Resorts operates under, with active involvement from state government entities. Stakeholders will be keen to observe how this new addition to the board might influence the company's future strategies and operations in the leisure and entertainment sector.
Historical Stock Returns for Nicco Parks & Resorts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.32% | +1.02% | -14.40% | -27.07% | -36.14% | +70.00% |
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