Meeting Details

The 56th AGM was held on Thursday, July 30, 2026, via Video Conferencing/Other Audio-Visual Means. The meeting commenced at 11:00 a.m. (IST) and concluded at 01:00 p.m. (IST). The proceedings were livestreamed and could be viewed by members on the website of the National Securities Depository Limited (NSDL).

Resolutions and Business Transacted

The following business items were transacted at the meeting as per the Notice dated May 04, 2026:

Ordinary Business:

  • Item 2: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.
  • Item 2: To receive, consider and adopt the Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with the report of the Auditors thereon.
  • Item 3: To declare a dividend on Equity Shares for the financial year ended March 31, 2026.
  • Item 4: To appoint a Director in place of Mr. Ankur Dalwani (DIN: 10091697) who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business, Special Resolution:

  • Item 5: Appointment of Mr. Venkatesh Rajagopal as a Director and as an Independent Director.
  • Item 6: Appointment of Mr. Suraj Krishna Moraje as a Director and as an Independent Director.

Special Business, Ordinary Resolution:

  • Item 7: Approval for Material Related Party Transactions with The Indian Hotels Company Limited.

Voting Process

The voting was conducted through remote e-voting prior to the meeting as well as during the meeting. The e-voting facility was kept open for 15 minutes after the conclusion of the meeting to enable members to cast their votes. Physical attendance was dispensed with in compliance with MCA and SEBI circulars, and the requirement of appointing proxies was not applicable.

Attendees and Leadership

Mr. Puneet Chhatwal, Chairman of the Board, chaired the AGM. All Directors of the Company, representatives of Statutory Auditors M/s PKF Sridhar & Santhanam LLP, Secretarial Auditors M/s M. Alagar & Associates LLP, and the Chief Financial Officer were present through VC from their respective locations. S Akila, Company Secretary, welcomed members and briefed them on participation procedures.

Regulatory Compliance and Documentation

The Registers required under the Companies Act, 2013, and other documents mentioned in the AGM notice were available for inspection in electronic mode. The Statutory Auditor's and Secretarial Auditor's Reports for FY 2025-26 were taken as read, with no qualifications, observations, or adverse remarks noted.

Voting Results

The Voting Results under Regulation 44(3) of the SEBI Listing Regulations and the Scrutinizer's Report were noted as to be submitted upon receipt. Ms. S. Akila, Company Secretary, was authorized to receive the Scrutinizer's report and declare the voting results.