Apeejay Surrendra Park Hotels Limited has approved the appointment of Mr. Raveesh Kumar Bhatia as an Independent Director following a postal ballot conducted through remote e-voting. The resolution passed with the requisite majority, receiving 99.99% of the valid votes cast by shareholders.

The remote e-voting process commenced on May 15, 2026, and concluded on June 13, 2026. A total of 199 members participated, casting votes on 17,22,39,322 equity shares. The appointment was confirmed in a scrutinizer's report submitted by Mr. Harish Chawla of M/s CL & Associates, Company Secretaries, on June 15, 2026.

Voting Results

The resolution to appoint Mr. Raveesh Kumar Bhatia (DIN: 11618896) required a special resolution and was approved with overwhelming support. The detailed voting breakdown is as follows:

Procedural Details

The postal ballot notice was dispatched electronically on May 14, 2026, to shareholders whose names appeared in the register of members as of the cut-off date, May 08, 2026. MUFG Intime India Private Limited acted as the Registrar and Share Transfer Agent for the e-voting process. The votes were unblocked and reconciled on June 15, 2026, in the presence of independent witnesses.

The total paid-up equity share capital of the company as of the record date was Rs. 21,33,74,246, divided into 21,33,74,246 fully paid-up equity shares of Re. 1 each. The scrutinizer confirmed that the resolution passed with the requisite majority.

Apeejay Surrendra Park Hotels disclosed that its promoters and persons acting in concert held 14,55,59,703 equity shares as on March 31, 2026, without any encumbrance during the financial year ended March 31, 2026. The declaration, submitted by Priya Paul on behalf of the promoter group, confirms that no shares were pledged directly or indirectly throughout the fiscal year. This filing was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The promoter group collectively holds a 68.22% stake in the company. The declaration details the shareholding of various entities within the group, highlighting the distribution of ownership among the promoters.

Shareholding Breakdown

The following table outlines the shareholding pattern of the promoter group as on March 31, 2026:

Great Eastern Stores Private Limited holds the largest individual stake within the promoter group at 24.60%, followed by Trustee Apeejay Surrendra Trust at 14.06%. The declaration was addressed to the National Stock Exchange of India Limited and BSE Limited for record purposes.