Advent Hotels Share Price in Focus on CEO Transition and Share Capital Expansion

On September 4, 2026, Advent Hotels International Limited announced a leadership change with the resignation of its current Managing Director and CEO, Rahul Pandit, effective November 1, 2026.  

The company has appointed Himmat Singh Sandhu as the new Managing Director and CEO, pending shareholder approval, as per the exchange filings. 

Leadership Transition at Advent Hotels 

On September 4, 2026, the Board of Directors of Advent Hotels reviewed and accepted the resignation of Rahul Pandit. Himmat Singh Sandhu will take over as Managing Director and CEO from November 1, 2026, with a term lasting until October 31, 2029.  

Sandhu, who is not related to any directors and is not debarred by SEBI, brings a wealth of experience in hospitality, education, and development. 

Professional Background of Himmat Singh Sandhu 

Sandhu holds a degree in Economics and Political Science and has formal Hotel Management credentials from Oberoi Hotels.  

His career includes senior management roles with Dynamix Group and GEMS Education. He has also served as General Manager for Crowne Plaza in China, managing major global properties. 

Audit Committee Reconstitution 

With Sandhu's appointment, he will replace Pandit on the Audit Committee starting November 1, 2026. The committee will also include Ajoy Mehta as Chairman and Maryam Khan as a member. Sandhu has been authorised to determine business event materiality. 

Share Capital Expansion 

The board has approved an increase in the authorised share capital to ₹160 crore from the previous limit of ₹75.20 crore. The restructured capital pool will consist of 15 crore equity shares at a ₹10 face value, along with 1 crore redeemable preference shares. 

Annual General Meeting Details 

The company has scheduled its Annual General Meeting for September 29, 2026, to be conducted online at 3:00 PM. The notice period documentation will be dispatched to global shareholders shortly. 

Read More: MSTC Share Price in Focus; Updates Memorandum of Association for Travel Business Inclusion! 

Advent Hotels International Share Price Performance 

As of September 04, 2026, at 3:30 PM, Advent Hotels International share price on NSE was closed at ₹134.57, down by 0.30% from the previous closing price. 

Conclusion 

Advent Hotels is undergoing a leadership transition with Himmat Singh Sandhu set to take over as CEO on November 1, 2026. The company has also approved an increase in its authorised share capital to ₹160 crore, pending shareholder approval. 

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