Key Resolutions Approved
Members of the company approved two items of special business through postal ballot with remote e-voting:
1. Special Resolution: Re-appointment of Mr. Romil Ratra (DIN: 06948396) as a Whole-time Director of the Company
2. Ordinary Resolution: Approval for the Expansion and Development of The Mansion House (TMH), Alibaug along with the Material Related Party Transaction/s
Voting Process Details
The postal ballot process was conducted in accordance with MCA guidelines and SEBI regulations:
- Postal Ballot Notice dated: June 04, 2026
- Notice sent to members: June 04, 2026 (via email to registered email addresses)
- Cutoff date for membership: May 29, 2026
- Remote e-voting period: June 05, 2026 (9:00 AM IST) to July 04, 2026 (5:00 PM IST)
- Electronic voting facility provided through: National Securities Depository Limited
- Legal basis: Section 108, 110 and Rules under Companies Act, 2013, and Regulation 44 of Listing Regulations
Director Re-appointment Details
Mr. Romil Ratra has been re-appointed as Whole-time Director with the following specifics:
- Date of Re-appointment: March 01, 2026
- Term of Re-appointment: Five (5) years
- Profile: Graduate of Institute of Hotel Management, Catering Technology and Applied Nutrition, Mumbai with over 3 decades of hospitality experience
- Experience: Significant contributions to company growth through leadership, strategic vision, and operational expertise
- Association with company: Since 2020
- Disclosure of relationships between directors: Not Applicable
Expansion Project
The ordinary resolution approved the expansion and development of The Mansion House (TMH) in Alibaug, which involves material related party transactions. Financial impact not quantified in the disclosure.