Advent Hotels International has scheduled its 20th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The event will commence at 3:00 pm and will be conducted through Video Conferencing or Other Audio Visual Means.

The company issued the notice on September 7, 2026, in compliance with Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders whose email addresses are registered with the company, Registrar and Share Transfer Agent, or Depository Participants have received the Annual Report for the financial year 2025-26 via email.

In adherence to Regulation 36(1)(b) of the Listing Regulations, the company also sent a letter to shareholders without registered email addresses. This communication provided a weblink and instructions to access the Annual Report digitally.

Meeting Logistics and E-Voting

The complete Annual Report for FY26, including the Notice for the 20th AGM, is accessible on the company’s official website. Advent Hotels International Limited, formerly known as Shiva Realtors Suburban Private Limited, continues to maintain its corporate governance disclosures as per statutory requirements.

Pursuant to Section 91 of the Companies Act, 2013 and Regulation 34 of the SEBI LODR Regulations, the Register of Members and Share Transfer Books will remain closed from September 26, 2026 to September 28, 2026 (both days inclusive).

The company is offering a remote e-voting facility through NSDL. The voting window opens on September 26, 2026 at 9:00 am and closes on September 28, 2026 at 5:00 pm. The cut-off date for determining voting eligibility is September 22, 2026. Members who have cast their votes via remote e-voting may participate in the AGM but cannot vote again.

Newspaper advertisements regarding the Annual Report, e-voting information, and book closure dates were published in Free Press Journal (English) and Navshakti (Marathi) on September 8, 2026, under Regulation 30 and Regulation 47 of the SEBI LODR Regulations.

Advent Hotels International board approved the resignation of Rahul Pandit as Managing Director and CEO, effective November 1, 2026, and appointed Himmat Singh Sandhu as his successor for a three-year term.

Leadership transition details

The board of Advent Hotels International formally accepted Rahul Pandit's resignation from the positions of Managing Director and Chief Executive Officer. The change in leadership takes effect from November 1, 2026, with Himmat Singh Sandhu stepping in as the incoming successor to both roles. His appointment is subject to shareholder approval at the Annual General Meeting.

Sandhu replaces Pandit as a member of the Audit Committee. The revised committee constitution includes Ajoy Mehta as Chairman, Maryam Khan as Member, and Himmat Singh Sandhu as Member. Sandhu is also authorised to determine materiality of events under Regulation 30 of the SEBI Listing Regulations, alongside CFO Amit Kumar Jain.

Corporate actions and AGM

The board approved an increase in authorised share capital from ₹75.2 crore to ₹160 crore. This increase involves expanding equity shares from 6.52 crore to 15 crore shares of ₹10 face value each, while retaining 1 crore redeemable preference shares of ₹10 face value each. Shareholder approval is required for this capital increase.

The company scheduled its Annual General Meeting for September 29, 2026, at 3:00 pm via video conferencing or other audio-visual means. The notice will be dispatched in compliance with the Companies Act, 2013.

Profile of incoming MD and CEO

Himmat Singh Sandhu holds a Hotel Management degree from Oberoi Hotels, India (1978-1980) and a Bachelor of Arts in Economics and Political Science from the University of Punjab (1975-1978). He has extensive experience in hospitality development and operations.

Since 2016, Sandhu has led the hospitality development arm of Dynamix Group. Key achievements include directing a property turnaround to achieve 5-star classification within eight months and leading the Hyatt Centric hotel development at Bambolim, Goa. Previously, he served as General Manager at Goa Institute of Management (2015-2016) and Director of School Operations with GEMS Education in Singapore, Dubai, and UAE (2008-2015), managing over 20 schools and overseeing significant construction projects.

Earlier roles include Operations Director at Shanghai American School (2001-2008) and General Manager at Crowne Plaza properties in China and Nepal (1994-2001). Sandhu began his career at Oberoi Hotels in 1980, rising to General Manager by age 35. He received the General Manager of the Year Award for Asia Pacific from InterContinental Hotels in 1996.