Juniper Hotels Ltd Announce CFO Resignation and Interim Management Plan
Juniper Hotels Limited has announced the resignation of Mr. Tarun Jaitly from the position of Chief Financial Officer (CFO) of the Company and its material subsidiary, Chartered Hotels Private Limited (CHPL). The resignations are effective from the close of business hours on Wednesday, July 15, 2026.Mr. Tarun Jaitly tendered his resignation to embark on a new opportunity outside the Company. He resigned not only as CFO of Juniper Hotels Ltd but also in the same capacity at Chartered Hotels Private Limited.
The company confirmed that it is actively involved in identifying and appointing a replacement Chief Financial Officer within the necessary timeframe prescribed by applicable laws.
Interim Oversight Structure
Until a new CFO is appointed, the responsibilities related to the office of the Chief Financial Officer will be managed collaboratively by existing senior management members. Mr. Amit Saraf, President of the Company, will oversee these responsibilities alongside Mr. Sandeep Joshi, who holds the roles of Vice President Finance & Accounts, Company Secretary and Compliance Officer.The details regarding the change in leadership role are summarized below:
| Particulars | Details |
|---|---|
| Name and Position | Mr. Tarun Jaitly, CFO and Key Managerial Personnel |
| Companies Affected | Juniper Hotels Limited and Chartered Hotels Private Limited (Material Subsidiary) |
| Date of Cessation | July 15, 2026 |
| Reason for Change | Resignation to pursue a new opportunity outside the Company |
The Board members wish to place on record their sincere appreciation for the opportunities extended to Mr. Jaitly during his tenure with both the Company and its subsidiary, wishing them continued growth and success in the future.
JUNIPER Stock Price Movement
Shares of Juniper Hotels Limited shed 0.48%, settling at ₹193.22 as trading closed today, pulling back from the previous day's close. The stock witnessed a volume of 130,971 shares during the session, having traded within an intraday range between a low of ₹191.87 and a high of ₹197.06.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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