Jindal Hotels Renews Leadership—Piyush D. Shah to Helm Growth Through 2028

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Jindal Hotels Ltd has officially reappointed Piyush D. Shah as Managing Director for a fresh three-year term, effective August 1, 2025, through July 31, 2028. The decision reflects the Board’s confidence in Shah’s strategic vision and operational stewardship.

Key Highlights:

- Shah has served as MD since 2002, overseeing the company’s transformation into a premium hospitality brand

- His reappointment was approved at the company’s Annual General Meeting, following shareholder consent

- Shah will continue to lead expansion efforts, including luxury room additions and banquet

renovations at Grand Mercure Vadodara

- The Board cited his deep industry expertise and alignment with Accor’s global hospitality standards

- Shah’s leadership has consistently delivered profitability, brand growth, and operational resilience

Strategic Outlook:

The renewed term ensures stability as Jindal Hotels navigates evolving market dynamics and prepares for sustained growth in India’s hospitality sector.

Sources: BSE Filings, Goodreturns, Wall Street Journal, Jindal Hotels Annual Report.