Meeting Details
Date: Tuesday, 15th September, 2026
Time: 11:00 a.m.
Location: The Grand Bhagwati, Plot No: 380, Bodakdev, S.G. Highway, Ahmedabad– 380054
Type of Meeting: 27th Annual General Meeting
Attendees
Directors Present:
- Mr. Narendra G. Somani (DIN: 00054229) - Chairman & Managing Director
- Mr. Hemant G. Somani (DIN: 00515853) - Whole time Director
- Ms. Jasmin J. Doshi (DIN: 08686876) - Independent Director
- Mr. Nishit B. Popat (DIN: 09279612) - Independent Director
Directors Absent:
- Mr. Devanand G. Somani (DIN: 00515959), Whole‐time Director
- Mr. Mansukhlal A. Nakrani (DIN: 02055297), Independent Director
Other Attendees:
- Mr. Prakash Shrivastav - Chief Financial Officer
- Mr. Prakash Tekwani (Partner of M/s. Prakash Tekwani & Associates) - Statutory Auditor
- Mr. Umesh Ved - Secretarial Auditor and Scrutinizer
- Mrs. Arpita Shah - Company Secretary & Compliance Officer
Member Attendance:
A total of 33 members attended in person and 14 proxies attended the meeting.
Business Transacted
Ordinary Business:
1. Adoption of the Financial Statements for the financial year ended March 31, 2026 and reports of the Board of Directors and Auditors thereon. (Ordinary Resolution)
2. Appointment of a Director in place of Mr. Devanand G. Somani (DIN: 00515959), who retires by rotation and being eligible, offers himself for re‐appointment. (Ordinary Resolution)
Special Business:
3. Re‐appointment of Mr. Nishit B. Popat (DIN: 09279612) as an Independent Director. (Special Resolution)
Voting Process
The voting process was conducted as a hybrid model:
- Remote e-Voting: Services of National Securities Depository Limited (NSDL) were availed. The voting period was from September 12, 2026 (9:00 am) to September 14, 2026 (5:00 pm).
- Physical Poll: Members who had not cast their votes via remote e-voting were permitted to exercise their vote through a physical poll process arranged at the AGM venue.
- Scrutinizer: Mr. Umesh Ved, Proprietor of M/s Umesh Ved & Associates, Practicing Company Secretary, was appointed as the Scrutinizer for both the remote e-voting and the physical poll process.
Other Proceedings
The Chairman, Mr. Narendra G. Somani, addressed the members and briefed them on the performance highlights and operations of the Company for the financial year 2025‐26.
The Notice of the AGM and the Annual Report for FY 2025-26 were sent to members electronically and physically upon request.
Members were given an opportunity to ask questions on the agenda items and company operations, to which satisfactory replies were provided.
The meeting commenced at 11:00 a.m. and concluded at 11:35 a.m.
Compliance Confirmation
The company confirmed that the AGM was called and conducted in compliance with the provisions of the Companies Act, 2013, the rules made thereunder, the SEBI (LODR) Regulations, 2015, and the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI).
Additional Information
The scrutinizer's report and consolidated voting results were to be intimated to the stock exchanges and published on the company's website (www.tgbhotels.com) separately.
This document is stated as not constituting the formal minutes of the AGM.