Apeejay Surrendra Park Hotels sets Sep 23-25 e-voting window for AGM
- Apeejay Surrendra Park Hotels schedules 38th AGM for September 26, 2026
- Remote e-voting window runs from September 23 to September 25, 2026
- Shareholding record date fixed at September 19, 2026
- Q1 FY27 results show 92% occupancy and RevPAR of ₹6,858
- Company maintains net debt-to-equity ratio of 0.12x in FY26
*this image is generated using AI for illustrative purposes only.
Apeejay Surrendra Park Hotels has fixed the remote e-voting period for its 38th Annual General Meeting (AGM) from September 23 to September 25, 2026. The meeting itself is scheduled for September 26, 2026.
The Company Secretary and Compliance Officer, Shalini Keshan, issued the notice on September 4, 2026, confirming that the AGM will be held via Video Conferencing or Other Audio-Visual Means at 11:00 am IST. This follows a virtual investor meeting with Valorem Advisors on September 9, 2026, where management outlined its growth strategy.
AGM and E-Voting Schedule
The notice specifies strict timelines for shareholder participation. Members holding shares as on the cut-off date of Saturday, September 19, 2026, are eligible to vote. The remote e-voting facility commences on Wednesday, September 23, 2026, at 9:00 am and concludes on Friday, September 25, 2026, at 5:00 pm IST.
Key logistical details include:
- AGM Date: September 26, 2026
- AGM Time: 11:00 am IST
- E-Voting Start: September 23, 2026, 9:00 am
- E-Voting End: September 25, 2026, 5:00 pm
- Record Date: September 19, 2026
- Mode: Video Conferencing / Other Audio-Visual Means
The Notice, Annual Report, Business Responsibility and Sustainability Report (BRSR), and Annual Financial Statements for FY25-26 are being sent electronically to members with registered email addresses as on August 28, 2026. Physical communication with web links and QR codes is being dispatched to those without registered emails.
Investor Meet Recap
The September 9 investor meet, part of the Valorem CXO Meet series, featured key executives including Priya Paul (Chairperson and Executive Director), Vijay Dewan (Managing Director), and Atul Khosla (SVP Finance and CFO). The session covered management journey, industry overview, business operations, financial highlights, future growth strategy, and a Q&A session.
Business Context
Apeejay Surrendra Park Hotels operates 42 hotels across 32 cities with 2,677 keys. The company also runs over 100 restaurants and 111 Flurys outlets. In Q1 FY27, the firm reported 92% occupancy, an average room rate (ARR) of ₹7,459, and a revenue per available room (RevPAR) of ₹6,858.
What the Numbers Show
The company’s financial profile indicates a focus on asset-light expansion and diversified revenue streams. With close to 45% of revenue derived from food and beverage operations, the business model reduces dependency on room sales alone. Additionally, a net debt-to-equity ratio of 0.12x in FY26 suggests a conservative leverage position, providing financial flexibility for its expansion pipeline of 45 hotels and 4,042 keys under development.
Historical Stock Returns for Apeejay Surrendra Park Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.31% | -2.15% | -10.32% | +0.09% | -30.95% | -48.46% |
How might the company's conservative net debt-to-equity ratio of 0.12x influence its ability to secure favorable financing for the 45 hotels currently under development?
What specific operational strategies will management employ to sustain the 92% occupancy rate as the 4,042 new keys come online and increase total supply?
Given that nearly 45% of revenue comes from food and beverage, how does the company plan to mitigate inflationary pressures on input costs for its 100+ restaurants and Flurys outlets?
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