The Indian Hotels Company Limited announced the proceedings and voting results of its 125th Annual General Meeting (AGM) held on Tuesday, June 30, 2026. The meeting, conducted via Video Conferencing, saw shareholders vote on six key resolutions, including the adoption of financial statements, dividend declaration, and the re-appointment of directors and key management personnel. All resolutions were passed with the requisite majority.
125th Annual General Meeting Concludes
The Indian Hotels Company Limited convened its 125th Annual General Meeting (AGM) on Tuesday, June 30, 2026. The meeting commenced at 10:30 a.m. IST and concluded at 12:38 p.m. IST. It was conducted entirely through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in line with recent regulatory allowances.
Key Resolutions Voted On
Shareholders participated in the voting process through remote e-voting prior to and during the AGM. The meeting transacted six key resolutions:
- Ordinary Business:
- Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026.
- Adoption of Audited Consolidated Financial Statements for the financial year ended March 31, 2026.
- Declaration of a dividend of ₹3.25 per equity share for the financial year 2025-26.
- Appointment of a Director, with Mr. Puneet Chhatwal seeking re-appointment after retiring by rotation.
- Special Business:
- Re-appointment of Mr. Anupam Narayan as an Independent Director.
- Revision in the terms of remuneration for Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer.
Voting Outcome
The consolidated report from the Scrutinizer confirms that all six resolutions were passed by the shareholders with the required majority. The detailed voting results, showing a high percentage of votes in favour for each resolution, have been made available on the company’s website and the National Securities Depository Limited (NSDL) website.
Digital Participation and Transparency
The company facilitated a live webcast of the AGM proceedings, and the recording is available on its website. This digital approach ensured broad participation from shareholders, irrespective of their location, and maintained transparency in the governance process.
Source: BSE
