Management Change19 Aug 2026, 04:41 pm
Kolte-Patil Developers Appoints Hrishikesh Parandekar as CEO
AI Summary
Kolte-Patil Developers Limited announced the appointment of Mr. Hrishikesh Parandekar as the new Chief Executive Officer (CEO) of the company. The Board of Directors approved this appointment during their meeting held on August 19, 2026. Mr. Parandekar's tenure as CEO officially begins on August 24, 2026. He brings a wealth of experience from his previous roles, including Managing Director at Morgan Stanley, CEO of Karvy Group and Ambit Holdings, and Chairman of Sugee Group. His academic background includes a Gold Medal from IIM Ahmedabad and degrees in Finance, Business Strategy, Accounting, and Economics.
Key Highlights
- Hrishikesh Parandekar appointed as CEO, effective August 24, 2026.
- Board of Directors approved the appointment on August 19, 2026.
- Parandekar has extensive experience in finance and real estate sectors.
- He previously held leadership roles at Morgan Stanley, Karvy Group, and Ambit Holdings.
Price Impact
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