Kamat Hotels (India) Limited has provided an update regarding the appointment of Mr. Milind Wadekar as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with applicable SEBI Circular(s).
Mr. Milind Wadekar joined the company with effect from August 01, 2026. This appointment follows the company's earlier intimation dated May 12, 2026, regarding the same appointment.
Profile of Appointed CFO
Mr. Milind Wadekar is a seasoned finance leader with over 30 years of experience, including more than two decades in the hospitality sector. He is a Chartered Accountant with a Bachelor's in Commerce. His expertise spans Finance, Business Strategy, Merger & Amalgamations, Risk management, Treasury, Taxation, and investor relations.
Previous Experience
He served as an Executive Vice President - Finance and Investor Relations at Ventive Hospitality Limited. Prior to that, he served as CFO at Chalet Hotels Limited, where he played a key role in optimizing financial performance and driving shareholders value. He is known for his strategic thinking and has consistently delivered results by aligning financial strategies with business goals.