
Management Change9 Oct 2026, 05:40 pm
UVS Hospitality Appoints Two Independent Directors, New CFO
AI Summary
UVS Hospitality and Services Ltd announced significant management changes following a Board of Directors meeting on October 9, 2026. The company appointed Ms. Rupal Pandey and Mr. Siddharth Salunke as Additional Non-Executive Independent Directors for a five-year term, subject to member approval. Concurrently, Mr. Deepak Kumbhar resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Mr. David Machado has been appointed as the new CFO and KMP, effective the same date. The Board also noted declarations of independence from the newly appointed directors.
Key Highlights
- Two new Independent Directors appointed for a 5-year term.
- Mr. Deepak Kumbhar resigns as CFO and KMP.
- Mr. David Machado appointed as new CFO and KMP.
- Changes are subject to shareholder approval.
- Board meeting held on October 9, 2026.
Price Impact
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