Advent Hotels Appoints New MD, CEO; Hikes Share Capital

Advent Hotels International Ltd announced key management changes following a Board meeting on September 4, 2026. Mr. Rahul Pandit resigned as Managing Director and CEO, effective November 1, 2026. The Board approved the appointment of Mr. Himmat Singh Sandhu as the new MD & CEO for a three-year term starting November 1, 2026, subject to shareholder approval. Mr. Sandhu will also join the Audit Committee. Additionally, the company proposed to increase its authorized share capital from ₹75.20 crore to ₹160 crore and has scheduled its Annual General Meeting for September 29, 2026.