SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nicco Parks & Resorts informs about outcome of board meeting

27 Jan 2026 Evaluate

Nicco Parks & Resorts has informed that Rahul Mitra, presently serving as Executive President -Company Secretary & Compliance Officer of the company has been appointed as a Director of the Company and, upon such appointment, elevated and designated as Managing Director & Chief Executive Officer, of the company, at the meeting of the Board of Directors held today, 27 January, 2026, pursuant to the recommendations of the Nomination & Remuneration Committee and subject to requisite approvals. Consequent to the aforesaid appointment, Mitra shall cease to hold the office of Company Secretary & Compliance Officer of the Company. The aforesaid appointment as Managing Director & CEO, shall be for a term of three (3) years with effect from 27 January, 2026, subject to the approval of shareholders and such other statutory approvals as may be required. In the opinion of the Board, Rahul Mitra fulfils the conditions specified under the Companies Act, 2013 and the rules made thereunder, and he is not debarred from holding the office of Director or Key Managerial Personnel by virtue of any order passed by SEBI or any other statutory authority. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD-PoD-1/P/CIR/2023/123 dated 13 July, 2023, are enclosed as Annexure-A.

The above information is a part of company’s filings submitted to BSE.

Nicco Parks & Resort Share Price

76.89 4.09 (5.62%)
20-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×