Meeting Details

Date: 26th September 2026

Time: Commenced at 11:30 A.M. (IST) and concluded at 12:22 P.M. (IST)

Location: Held through Video Conferencing (VC) / Other Audio Visual Means (OAVM)

Type of Meeting: 39th Annual General Meeting

Proposed Resolutions and Implications

The meeting transacted six items of business:

Ordinary Business

1. Adoption of Audited Standalone Financial Statements for the financial year ended 31st March 2026, together with the Reports of the Board of Directors and Auditors thereon (Ordinary Resolution).

2. Adoption of Audited Consolidated Financial Statements for the financial year ended 31st March 2026, together with the Reports of Auditors thereon (Ordinary Resolution).

3. Appointment of a Director: Re-appointment of Dr. Vithal V. Kamat (DIN: 00195341), who retired by rotation and offered himself for re-appointment (Ordinary Resolution). Mr. Ajit Naik acted as Chairman for this specific item.

Special Business

4. Approval of Employee Stock Option Scheme: 'Kamat Hotels (India) Limited – Employee Stock Option Scheme 2026' (Special Resolution).

5. Approval of ESOPs for Subsidiary Employees: Granting Employee Stock Options to employees of a subsidiary company under the aforementioned scheme (Special Resolution).

6. Approval for Director Continuation: Continuation of Mr. Vilas R. Koranne (DIN: 09151665) as a Non-Executive Independent Director beyond the age of 75 years (Special Resolution).

Voting Process

The e-voting process was conducted in two phases:

  • Remote E-voting: Facility was provided to members from 9:30 a.m. on 23rd September 2026 until 5:00 p.m. on 25th September 2026.
  • E-voting at the AGM: Facility was provided during the meeting itself for members who had not cast their votes remotely. The e-voting at the AGM closed at 12:37 P.M.

Scrutinizer Appointment

Mr. Dinesh Kumar Deora (COP No. 4119) and, in his absence, Mr. Tribhuwneshwar Kaushik (COP No. 16207), Partners of M/s D.M & Associates, Company Secretaries LLP, Mumbai, were appointed as the Scrutinizer to scrutinize the entire e-voting process.

Key Business and Operational Highlights

The Executive Chairman & Managing Director, Dr. Vithal V. Kamat, provided an overview of the company's performance and financial summary for FY 2025-26. A key operational highlight was the expansion of the company's presence into new markets, resulting in the addition of over 650 new operational keys to its total inventory.

Compliance and Reporting

Confirmation was provided that the meeting was conducted in conformity with the regulatory provisions and circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

The Chairman confirmed that the detailed Voting Results, along with the Scrutinizer's Report, would be submitted to the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) and published on the company's website within two working days from the conclusion of the AGM (i.e., by 28th September 2026).