ASIAN HOTELS (EAST) LIMITED

Meeting Details

The 19th Annual General Meeting was held on Thursday, 27th August, 2026 at 11:00 a.m. through video conferencing/other audio-visual means. The registered office at Hyatt Regency Kolkata Hotel, JA-1, Sector-III, Salt Lake City, Kolkata-700106 was deemed the venue. The meeting commenced at 11:00 a.m. and concluded at 12:00 noon.

Attendance and Leadership

Mr. Saumen Chatterjee, Chief Legal Officer & Company Secretary, welcomed attendees and introduced Board Members, committee chairpersons, and Key Managerial Personnel. Representatives from statutory auditor M/s Singhi & Co and secretarial auditor/scruitinizer Ms. Priyanka Rudra were present.

Mr. Umesh Saraf, Joint Managing Director, was elected as Chairperson of the meeting in accordance with Article 86 of the Company's Articles of Association. His appointment was proposed and seconded by Board members.

Voting Procedures

Remote e-voting was available from 24th August, 2026 at 9:00 a.m. to 26th August, 2026 at 5:00 p.m. through NSDL as the authorized agency. E-voting was also made available during the meeting for members who had not voted previously. Ms. Priyanka Rudra, Practicing Company Secretary, was appointed as Scrutinizer to independently scrutinize the e-voting process under Rules 20 & 21 of the Companies (Management and Administration) Rules, 2014.

Agenda Items Considered

The following business items were proposed for member consideration and approval:

Ordinary Business:

  • To receive, consider and adopt the audited standalone financial statements for FY ended 31st March, 2026, with reports of Board of Directors and Auditors (qualified opinion)
  • To receive, consider and adopt the audited consolidated financial statements for FY ended 31st March, 2026, with report of Auditors (qualified opinion)
  • To appoint a director in place of Mr. Devesh Saraf (DIN: 07778585) who retires by rotation and offers himself for reappointment

Special Business:

  • Reappointment of Mr. Sandipan Chakravortty (DIN: 00053550) as an Independent Director

Next Steps

The voting results along with the Scrutinizer's Report will be made available on the Company's website (www.ahleast.com) and NSDL's website within two working days of conclusion of the AGM as per Regulation 44(3) of Listing Regulations, 2015. Results will also be forwarded to BSE Limited and National Stock Exchange of India Ltd.