Management Change19 Aug 2026, 04:50 pm
Kolte-Patil Appoints Hrishikesh Parandekar as CEO
AI Summary
Kolte-Patil Developers Ltd. has appointed Mr. Hrishikesh Parandekar as its new Chief Executive Officer, effective August 24, 2026. Parandekar, an IIM Ahmedabad Gold Medalist with over three decades of experience in real estate, investments, and strategic leadership, previously served as Senior Partner at Alpha Alternatives. His appointment is aimed at driving the company's next phase of growth, focusing on expansion, operational excellence, and value creation. Parandekar's expertise is expected to bolster KPDL's strategy, investments, and operational performance as the company accelerates its growth agenda across Mumbai, Pune, and Bangalore markets.
Key Highlights
- Hrishikesh Parandekar appointed as new CEO, effective August 24, 2026.
- Parandekar brings over 30 years of experience in real estate and strategic leadership.
- Appointment aims to drive expansion, operational excellence, and value creation.
- Focus on accelerating growth across Mumbai, Pune, and Bangalore markets.
- Strengthens leadership for KPDL's next growth phase.
Price Impact
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