AGM Details
The 40th Annual General Meeting of Juniper Hotels Limited will be held on Thursday, August 27, 2026, at 11.30 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
E-voting Schedule
- Remote e-voting commences: 09:00 a.m. (IST) on Monday, August 24, 2026
- Remote e-voting ends: 05:00 P.M. (IST) on Wednesday, August 26, 2026
- Voting during AGM: From 11:30 A.M. (IST) on Thursday, August 27, 2026 (Till 15 minutes after conclusion of AGM)
Ordinary Business Items
Item 1: Adoption of Financial Statements
To receive, consider and adopt:
- Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
- Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors
Item 2: Re-appointment of Director
To appoint Mr. Elton Wong (DIN: 10059779) who retires by rotation under Section 152(6) of Companies Act, 2013 and offers himself for re-appointment.
Item 3: Re-appointment of Statutory Auditors
Ordinary Resolution to re-appoint M/s S R B C & Co. LLP, Chartered Accountants (Firm Registration No.: 324982E/E300003) as Statutory Auditors for second term of five consecutive years from conclusion of 40th AGM until conclusion of 45th AGM in 2031.
- Remuneration: Not exceeding ₹98,00,000/- (Rupees Ninety-Eight Lakhs) plus reimbursement of out-of-pocket expenses
- Any revision in remuneration to be mutually agreed between Board and Auditors
Special Business Items
Item 4: Re-appointment of Chairman and Managing Director
Special Resolution to re-appoint Mr. Arun Kumar Saraf (DIN: 00339772) as Chairman and Managing Director for 3 years from March 01, 2027 to February 28, 2030.
Remuneration Details:
- Salary: ₹993.24 lakhs per annum for each year (2027-28, 2028-29, 2029-30)
- Commission: Not exceeding 2% of net profits before tax, subject to maximum of ₹1000 lakhs per annum
- Perquisites: Includes two cars with drivers, hospitalization coverage, living allowances, LTC, club fees, telecommunication facilities, medical allowance, gratuity as per company policies
- Reimbursement: Expenses incurred in connection with company business
Rationale for Re-appointment:
- Mr. Saraf will cross age limit of 70 years during tenure
- Remuneration exceeds 5% of net profits, requiring special resolution
- Based on his extensive hospitality industry experience (40+ years) and leadership in Juniper 2.0 growth strategy
Company Performance Context (PBT):
- 2023-24: (₹4,111.50 lakhs)
- 2024-25: ₹15,419.36 lakhs
- 2025-26: ₹19,090.00 lakhs
Item 5: Approval for Loans, Guarantees, and Securities
Special Resolution under Section 185 of Companies Act, 2013 to authorize Board to provide:
- Loans, guarantees, and securities to related companies where directors have interest
- Aggregate amount not exceeding ₹500 Crores (Rupees Five Hundred Crores) during a financial year
- To group companies, associate companies, joint venture companies, or subsidiary companies
Additional Meeting Information
Record Date: August 20, 2026 for determining voting rights
Register Closure: August 21, 2026 to August 27, 2026 (both days inclusive)
Scrutinizer: Ms. Nikita Kothari, Practicing Company Secretary (Membership Number: F10365, CP No. 13507) appointed to scrutinize e-voting process
Result Declaration: E-voting results to be announced within 2 working days from conclusion of voting and displayed on company website, NSDL website, and communicated to stock exchanges
Document Availability: Notice and Annual Report available on company website (www.juniperhotels.com), BSE (www.bseindia.com), NSE (www.nseindia.com), and NSDL (www.evoting.nsdl.com)
RTA: KFin Technologies Limited, Hyderabad
Compliance Officer: Sandeep L. Joshi, Company Secretary and Compliance Officer (complianceofficer@juniperhotels.com)
Director Information for Re-appointment
Mr. Elton Wong (DIN: 10059779)
- Non-Executive Director
- Qualification: Bachelor's degree in accounting and financial analysis from Warwick Business School
- Experience: Senior Vice President - Finance (Asia Pacific) at Hyatt Hotels Corporation
- Board Meetings attended: 4 out of 6 in 2025-26
- Shareholding: Nil
Mr. Arun Kumar Saraf (DIN: 00339772)
- Chairman and Managing Director
- Qualification: Bachelor of Arts with major in Business Economics from UCLA, USA
- Experience: 40+ years in hospitality industry, associated with company since 1997
- Remuneration for 2025-26: Basic Salary ₹945.95 lakhs, Commission ₹407.28 lakhs
- Shareholding: Nil
- Relationship: Spouse of Ms. Namita Saraf (Non-Executive Director), Father of Mr. Varun Saraf (CEO)