Advani Hotels & Resorts (India) Limited announced that all five ordinary resolutions proposed at its 39th Annual General Meeting (AGM) were duly approved by members with the requisite majority. The meeting, held on September 22, 2026, was conducted via video conferencing.

The approvals covered the adoption of standalone audited financial statements for FY26, noting of interim dividends paid, and key governance matters including the reappointment of directors and remuneration approval. The company facilitated voting through remote e-voting and live e-voting during the meeting, adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting participation and turnout

A total of 54 shareholders attended the meeting through video conferencing, comprising nine from the promoter group and 45 public shareholders. The record date identified 39,367 eligible voters. Promoter and promoter group entities cast votes on 46,446,204 shares, representing 100% of their holding. Public institutions voted on 187,918 shares, while public non-institutional shareholders voted on 409,052 shares out of their total holding.

Resolution outcomes

All resolutions passed with overwhelming support. The table below summarizes the voting results for each resolution:

Governance and leadership continuity

The meeting confirmed the continuation of key leadership figures. Haresh G. Advani was reappointed as a director in place of himself, having retired by rotation. Prahlad S. Advani was reappointed as Whole Time Director and Chief Executive Officer, with his remuneration package also receiving shareholder approval. The promoter group voted unanimously in favour of all resolutions, while institutional investors supported all items except the reappointment of Haresh G. Advani, where they voted against.

Advani Hotels & Resorts (India) Limited held its 39th Annual General Meeting on September 22, 2026, via Video Conferencing and Other Audio-Visual Means, with the meeting commencing at 2:00 pm and concluding at 3:18 pm.

The registered office at 18A & 18B, Jolly Maker Chambers – II, Nariman Point, Mumbai - 400021 was deemed the venue for the meeting. A total of 54 members attended through VC/OAVM. Remote e-voting was facilitated through National Securities Depository Limited, with the window open from September 19, 2026 (9:00 hrs.) to September 21, 2026 (17:00 hrs.), and members present at the AGM were also provided an opportunity to vote during and up to 15 minutes after the meeting's conclusion.

Attendees at the meeting

The following directors, key managerial personnel, and other representatives were present at the 39th AGM:

Statutory Auditors M/s. J. G. Verma & Associates, Chartered Accountants, and Secretarial Auditors M/s. BNP & Associates, Company Secretaries, were also represented at the meeting.

Business transacted at the AGM

Five agenda items were transacted at the 39th AGM. The ordinary business comprised three resolutions, while the special business covered two resolutions relating to the re-appointment and remuneration of the Whole-Time Director and CEO.

Interim dividends noted

The AGM noted two interim dividends paid for the financial year ended March 31, 2026:

• 1st interim dividend of ₹1/- per equity share, representing 50% of the paid-up equity share capital, paid on January 23, 2026
• 2nd interim dividend of ₹0.80 per equity share, representing 40% of the paid-up equity share capital, paid on May 23, 2026

Chairmanship and member queries

Mr. Sunder G. Advani chaired the meeting and briefed members on the Company's progress and achievements during FY2025-26. For agenda items 4 and 5, Mr. Sunder G. Advani vacated the chair given his interest in those items, and Mr. Anil Harish, Independent Director, chaired those proceedings. Following the conclusion of agenda item 5, Mr. Sunder G. Advani re-occupied the chair and responded to queries raised by members during the meeting and received via email.

The consolidated results of remote e-voting and e-voting during and within 15 minutes from the conclusion of the AGM were to be declared within 2 working days from the meeting's conclusion, and made available on the Company's website, the NSDL website, and communicated to BSE Limited and the National Stock Exchange of India Limited.