Sayaji Hotels Subsidiary Appoints Priyanshu Kothari as CFO

Sayaji Hotels (Pune) Limited has announced a significant change in the leadership of its wholly owned subsidiary, Super Civiltech Private Limited. The company has appointed Mr. Priyanshu Kothari as the new Chief Financial Officer (CFO), effective September 5, 2025.

New CFO Appointment

Mr. Kothari, a Chartered Accountant with membership number A479539, brings a wealth of experience to his new role. He replaces Mr. Goverdhan Singh Panwar, who has resigned from the position. The appointment was made during a board meeting of Super Civiltech Private Limited held on September 5, 2025.

Professional Background

Priyanshu Kothari comes with a strong professional background in finance, taxation, and compliance. Prior to this appointment, he served as the Assistant Finance Manager, where he was responsible for managing core financial functions including:

• Financial reporting
• Compliance
• Internal controls

His expertise ensures alignment with statutory requirements and organizational goals.

Qualifications and Expertise

Mr. Kothari's qualifications and areas of expertise include:

• Member of the Institute of Chartered Accountants of India (ICAI)
• Hands-on expertise in taxation, accounting, and audit management
• Strong skills in financial reporting

Corporate Governance

This appointment has been made in compliance with Regulation 30 read with Schedule-III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sayaji Hotels (Pune) Limited has duly informed the BSE Limited of this change in leadership at its subsidiary.

The move signifies Sayaji Hotels' commitment to maintaining strong financial leadership within its group companies. As the new CFO of Super Civiltech Private Limited, Mr. Kothari is expected to play a crucial role in guiding the company's financial strategies and ensuring robust financial management.