
Management Change15 Jul 2026, 08:00 pm
KDJ Holidayscapes MD Resigns; New Auditors Appointed
AI Summary
KDJ Holidayscapes and Resorts Ltd announced significant management and auditor changes. Mr. Hemantbhai Khodidasbhai Raval has resigned as Managing Director effective July 15, 2026, citing other professional commitments. Concurrently, Mr. Akash Parmar has resigned as Director and CFO for personal reasons. The company has appointed Mr. Ravikumar Patel as the new Managing Director for a three-year term starting July 15, 2026, and Mr. Purvikkumar Bhagvanbhai Patel as Executive Director. Additionally, M/s. DD Shah Patel & Co. resigned as Statutory Auditors on July 14, 2026, and M/s. J M Patel & Bros. have been appointed as new Statutory Auditors for a term of five financial years.
Key Highlights
- Managing Director Hemantbhai Khodidasbhai Raval resigns effective July 15, 2026.
- Akash Parmar resigns as Director and CFO for personal reasons.
- Ravikumar Patel appointed as new Managing Director.
- Statutory Auditors DD Shah Patel & Co. resign; J M Patel & Bros. appointed.
- Company proposes alterations to Memorandum and Articles of Association.
Price Impact
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