Advent Hotels Appoints Himmat Singh Sandhu MD and CEO

MUMBAI — Advent Hotels International Limited announced on Friday that its Board of Directors has appointed Himmat Singh Sandhu as the new Managing Director and Chief Executive Officer, effective November 1, 2026. According to an official regulatory filing submitted to BSE Limited and the National Stock Exchange of India Limited, Sandhu will succeed Rahul Pandit, whose resignation takes effect on the same date. The leadership transition comes alongside a broader corporate proposal to increase the company's authorized share capital to support its expansion strategy.

Leadership Transition and Capital Restructuring

According to the disclosures authorized by Company Secretary Chirag Sojitra, the board meeting held on September 4, 2026, covered multiple strategic decisions. Rahul Pandit stepped down after successfully steering the company through its public listing and establishing its marquee hospitality platform. Incoming CEO Himmat Singh Sandhu brings decades of leadership experience across international hospitality and business operations, having previously managed properties with Oberoi Hotels, Crowne Plaza, and the Dynamix Group.

In addition to the executive changes, the board approved a proposal to increase the company's authorized share capital from 75.2 crore rupees to 160 crore rupees, comprising 15 crore equity shares and 1 crore redeemable preference shares. The capital expansion and leadership appointments remain subject to shareholder approval at the upcoming Annual General Meeting scheduled for September 29, 2026.

Official Sources Section

Information regarding the executive leadership transition, authorized share capital revision, committee reconstitutions, and meeting schedules is based on the official regulatory filing submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by Advent Hotels International Limited on September 4, 2026.

Quote Section

"According to officials from Advent Hotels International Limited, the Board of Directors approved the appointment of Mr. Himmat Singh Sandhu as the Managing Director and Chief Executive Officer of the Company for a period of 3 years with effect from November 1, 2026, following the resignation of Mr. Rahul Pandit."

Why It Matters

Leadership changes at the helm of a listed hospitality platform significantly influence strategic direction, investor sentiment, and operational execution. For investors and market stakeholders, Sandhu's extensive background in hotel development and asset turnaround offers clear visibility into the company's upcoming expansion phases, while the capital hike provides the financial foundation necessary for future growth.

Key Facts at a Glance

• Incoming CEO: Himmat Singh Sandhu (Effective November 1, 2026)

• Outgoing CEO: Rahul Pandit (Resignation effective November 1, 2026)

• Capital Expansion: Authorized share capital increased from 75.2 crore rupees to 160 crore rupees

• Exchange Scrip Codes: BSE: 544446 | NSE: ADVENTHTL

• Annual General Meeting: Scheduled for September 29, 2026

FAQ Section

Who has been appointed as the new Managing Director and CEO of Advent Hotels International? Himmat Singh Sandhu has been appointed as the new Managing Director and CEO, effective November 1, 2026.

Why is Rahul Pandit stepping down? Rahul Pandit resigned after successfully guiding the company through its public listing and establishing its core hospitality platform, with his departure effective November 1, 2026.

What was the decision regarding the company's share capital? The board approved increasing the authorized share capital from 75.2 crore rupees to 160 crore rupees, subject to shareholder approval.

When is the upcoming Annual General Meeting of the company? The Annual General Meeting is scheduled to be held on Tuesday, September 29, 2026.

Source: Advent Hotels International Limited Regulatory Filing to BSE and NSE, BSE Limited, and National Stock Exchange of India