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Puneet Chhatwal replaces Rakesh Sarna as MD & CEO of Indian Hotels

Shares of Indian Hotels Company today closed at Rs 114.50 per scrip on the BSE

Press Trust of India  |  New Delhi 

Indian Hotels, Taj Hotels
Shapoor Mistry resigns from Indian Hotels board INDIAN-HOTEL-TATA Tourists use binoculars in front of the Taj Mahal hotel in Mumbai Tourists use binoculars in front of the Taj Mahal hotel in Mumbai (Photo: Reuters)

hospitality arm Ltd (IHCL) on Monday said has joined as managing director and CEO with effect from Monday. On August 29 this year, IHCL had said in a regulatory filing that its board approved the appointment of Chhatwal as the MD and CEO of the company. Chhatwal was then the chief executive and member of executive board of Deutsche Hospitality/Steigenberger Hotels AG, a large European hotel chain. He has taken over from Rakesh Sarna, who was one of the high-profile recruitments from outside the made by ousted Tata Sons Chairman Sarna had joined IHCL in September 2014 by replacing the company's long-serving head Bickson. of today closed at Rs 114.50 per scrip on the BSE, up 0.04 per cent from the previous close.

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First Published: Mon, November 06 2017. 19:12 IST
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