Meeting Details

The Seventh Annual General Meeting (AGM) of Leela Palaces Hotels & Resorts Limited was held on Friday, September 4, 2026 at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting concluded at 12:35 P.M. (IST).

Business Transacted

The meeting transacted the following items of business as per the Notice dated July 31, 2026:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon (Ordinary Business)

2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon (Ordinary Business)

3. To appoint a director in place of Ms. Ananya Tripathi (DIN: 08102039) who retires by rotation and being eligible, offers herself for re-appointment (Ordinary Business)

Attendance

Directors Present:

  • Mr. Deepak Parekh, Independent Director and Chairman of the Board and Stakeholder Relationship Committee (attended from Corporate Office, Mumbai)
  • Mr. Mukesh Butani, Independent Director and Chairperson of the Audit Committee and the Nomination and Remuneration Committee (attended from Corporate Office, Mumbai)
  • Mr. Ashank Kothari, Non-Executive Director (attended from Corporate Office, Mumbai)
  • Mr. Anuraag Bhatnagar, Whole-time Director and Chief Executive Officer (attended from Corporate Office, Mumbai)
  • Ms. Apurva Purohit, Independent Director and Chairperson of Corporate Social Responsibility Committee (attended through VC)
  • Ms. Ananya Tripathi, Non-Executive Director (attended through VC)

Management Present:

  • Mr. Ravi Shankar, Head - Asset Management and Chief Financial Officer (attended from Corporate Office, Mumbai)
  • Ms. Jyoti Maheshwari, Company Secretary and Compliance Officer (attended from Corporate Office, Mumbai)

Absent Directors:

  • Mr. Ankur Gupta and Mr. Shai Zelering, Non-Executive Directors, conveyed their inability to attend due to unavoidable circumstances

Other Attendees:

  • 85 Members were present through video conferencing
  • Representatives of B S R & Co. LLP, Statutory Auditor
  • Makarand M. Joshi & Co., Company Secretaries, Secretarial Auditor
  • Scrutinizer for the AGM

Key Proceedings

Mr. Deepak Parekh chaired the meeting. The Chairman welcomed shareholders and highlighted the significance of the occasion as the Company's first full financial year as a listed entity and coinciding with 40 years of The Leela. He provided a brief overview of the macroeconomic and industry landscape, highlighting the strong performance of the hospitality sector and the Company's progress and disciplined growth. Key focus areas such as people and culture, and governance were also shared.

The Chairman informed members that the Statutory Auditors' Report and Secretarial Auditor's Report did not contain any qualifications or adverse remarks. Members who registered as speakers were invited to express their views and seek clarifications, which were addressed by the Chairman and Mr. Anuraag Bhatnagar.

Voting Arrangements

The Company provided remote e-voting facility through the National Securities Depository Limited (NSDL) system from Monday, August 31, 2026 at 09:00 a.m. (IST) to Thursday, September 3, 2026 at 05:00 p.m. (IST). E-voting facility was also made available during the AGM for members who had not cast their votes earlier through remote e-voting.

Mr. Vaibhav Dandawate, failing him Ms. Deepti Kulkarni Partner of M/s. Makarand M. Joshi & Co., was appointed as the Scrutinizer to supervise the remote e-voting and e-voting during the AGM.

Results Declaration

The combined results of the remote e-voting and e-voting during the AGM will be announced within the stipulated time frame and intimated to the Stock Exchanges in terms of the SEBI Listing Regulations. The results will be placed on the Company's website.

Additional Information

The statutory registers maintained under the Companies Act, 2013 and other relevant documents were made available for electronic inspection by members during the meeting. The facility for appointment of proxies was not applicable as the AGM was conducted through VC/OAVM without physical presence of members.