Nature of the Event

Juniper Hotels Limited held its 40th Annual General Meeting (AGM) on Thursday, August 27, 2026, through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from MCA and SEBI.

Meeting Details

  • Date: August 27, 2026
  • Start Time: 11:35 AM IST (scheduled for 11:30 AM)
  • End Time: 12:02 PM IST
  • Duration: 27 minutes
  • Attendance: 45 members attended through VC
  • Quorum: Requisite quorum was present

Directors and Officials Present

  • Mrs. Namita Saraf (Non-Executive Director and Chairperson of Stakeholders Relationship Committee, Independent Director) - Joined over VC
  • Mr. Rajiv Kaul (Independent Director) - Joined over VC
  • Mr. Sunil Mehta (Independent Director and Chairperson of Nomination and Remuneration Committee) - Joined over VC
  • Mr. Amit Saraf (President) - Joined over VC
  • Mr. Sandeep Joshi (Company Secretary and Compliance Officer) - Joined over VC
  • Mr. Chintan Ravasa (Representative of S R B C & CO LLP, Statutory Auditors) - Joined over VC
  • Ms. Nikita Pawar (Representative of N Kothari & Associates, Secretarial Auditors and Scrutinizers) - Joined over VC

Business Transactions

The following items of business from the AGM notice were transacted through remote e-voting and e-voting during the AGM:

Ordinary Business

1. Adoption of Financial Statements:

  • (a) Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors (Ordinary Resolution)
  • (b) Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors (Ordinary Resolution)

2. Director Re-appointment: Appointment of Mr. Elton Wong (DIN: 10059779) who retires by rotation under Section 152(6) of Companies Act, 2013 (Ordinary Resolution)

3. Auditor Re-appointment: Re-appointment of M/s S R B C & Co. LLP, Chartered Accountants as Statutory Auditors (Ordinary Resolution)

Special Business

4. Re-appointment of CMD: Re-appointment of Mr. Arun Kumar Saraf (DIN: 00339772) as Chairman and Managing Director and fixation of remuneration (Special Resolution)

5. Approval of Loans/Guarantees: Approval of Loans, Guarantees, and Securities in Related Companies under Section 185 of Companies Act, 2013 (Special Resolution)

Voting and Shareholder Engagement

  • Remote e-voting facility was provided in accordance with Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
  • E-voting during AGM was provided for members who hadn't voted through remote e-voting
  • M/s N Kothari & Associates, Practicing Company Secretary was appointed as Scrutinizer on May 21, 2026
  • Combined results of e-voting (remote and during AGM) along with consolidated Scrutinizer's Report will be declared within two working days from meeting conclusion
  • Shareholder queries received on registered email addresses were addressed by Mr. Sandeep Joshi and Mr. Amit Saraf

Additional Meeting Details

  • Statutory Registers and other documents required under Companies Act, 2013 were made available electronically for inspection during AGM
  • Members can request inspection by emailing complianceofficer@juniperhotels.com
  • All resolutions are deemed passed on August 27, 2026, subject to receipt of requisite majority
  • Remote e-voting window remained open for 15 minutes during meeting for members who hadn't voted earlier

Management Commentary

Mr. Arun Kumar Saraf, Chairman and Managing Director, addressed members and apprised them of:

  • Business performance
  • Financial performance
  • Outlook
  • Opportunities
  • Future plans of the Company