Scrip ID

EMERALL

Meeting Details

The 92nd Annual General Meeting of Emerald Leisures Limited was held on Thursday, July 23, 2026, through Video Conferencing/Other Audio-visual Means. The meeting commenced at 11:30 AM IST and concluded at 12:00 PM IST.

Attendance Details

Total 24 Members holding 48,20,009 equity shares were present at the meeting through video conferencing or other audio-visual means (including Directors & KMP holding shares).

Directors and Key Personnel Present

  • Mr. Jaydeep Vinod Mehta, Executive Director, Chairman
  • Mrs. Dhwani Mehta, Non-Executive Women Director
  • Mr. Rajesh Motilal Loya, Whole Time Director & CFO
  • Mr. Aniruddha Joshi, Non-Executive Independent Director
  • Mr. Vaibhav Agarwal, Non-Executive Independent Director
  • Mr. Kapil M Purohit, Company Secretary

Invitees Present

  • Mr. Devdatta Mainkar, Chartered Accountant (M/s PG Bhagwat LLP), Statutory Auditor
  • Ms. Zankhana Bhansali (M/s Zankhana Bhansali & Associates), Secretarial Auditor cum Scrutinizer

Meeting Proceedings

The meeting was conducted in compliance with the applicable provisions of the Companies Act, 2013 read with Rules and Circulars issued by MCA and SEBI. The proceedings were webcast and could be viewed live on the website of the National Securities Depository Limited (NSDL).

The Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2026 were taken as read. There were no qualifications, observations or adverse remarks in the reports of the Statutory Auditor and Secretarial Auditor.

Mr. Jaydeep Vinod Mehta, Chairman, briefed shareholders on key trends in the Hotel Industry, proposal of Real Estate business, the Company's performance during FY 2025-26, growth plans, and simplification journey of the Company.

Business Transacted

The following business was transacted at the Meeting through remote e-voting:

Ordinary Business

1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended on March 31, 2026, together with the report of Auditors thereon (Ordinary Resolution)

3. To appoint a director in place of Mr. Nikhil Vinod Mehta (DIN:00252482), who retires by rotation, and being eligible, offers himself for re-appointment (Ordinary Resolution)

4. To appoint a director in place of Mr. Jashwant Bhaichand Mehta (DIN:00235845), who retires by rotation, and being eligible, offers himself for re-appointment (Ordinary Resolution)

Special Business

5. Approval of Material Related Party Transactions upto Rs. 100 Crores (Ordinary Resolution)

6. Issue of Secured/Unsecured Redeemable Non-Convertible Debentures on Private Placement Basis (Special Resolution)

7. Alteration of Articles of Association of the Company (Special Resolution)

Voting and Results

The e-voting facility was kept open for 15 minutes after the meeting to enable Members to cast their vote. The consolidated voting results will be disseminated to the Stock Exchange and made available on the company's website (www.clubemerald.in) and NSDL website (www.evoting@nsdl.com) within 2 working days from the conclusion of the Meeting.