Apeejay Surrendra Park Hotels Limited has published newspaper advertisements in Business Standard (English) and Ei Samay (Bangla) on May 15, 2026, confirming the completion of electronic dispatch of its postal ballot notice. The advertisements were issued in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and pursuant to the provisions of Sections 108 and 110 of the Companies Act, 2013. The postal ballot notice, dated March 26, 2026, was dispatched electronically on Thursday, May 14, 2026, to members whose email addresses are registered with Depository Participants, Depositories, or the Registrar & Share Transfer Agent as on the cut-off date. The notice is available on the company's website at www.theparkhotels.com , as well as on the websites of the National Stock Exchange of India Limited and BSE Limited.

Special Business Resolution

The primary agenda item is the appointment of Mr. Raveesh Kumar Bhatia (DIN: 11618896) as an Independent Director of the Company. The Board of Directors has recommended the appointment for a term of five consecutive years, effective from March 27, 2026, to March 26, 2031. Mr. Bhatia was initially appointed as an Additional Director by the Board and has submitted the necessary declarations confirming his independence and eligibility under the Companies Act, 2013, and SEBI Listing Regulations.

Director Profile

Mr. Raveesh Kumar Bhatia holds an MBA in Marketing & Finance from the Indian Institute of Management Ahmedabad and a bachelor's degree in Commerce from Panjab University. He brings over 36 years of experience, including significant tenures in senior client relationship management and revenue generation roles with leading Indian private sector and international banks. His expertise spans strategy, leadership, financial risk management, and governance.

Remote E-Voting Schedule

Shareholders registered as of the cut-off date, Friday, May 08, 2026, are eligible to participate in the voting process. The remote e-voting facility will be available during the following period:

The company has clarified that physical copies of the postal ballot notice and forms are not being dispatched. Members must cast their votes through the remote e-voting system facilitated by MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), and votes once cast cannot be modified.

Voting Results and Compliance

The results of the postal ballot will be announced within two working days from the close of remote e-voting. Mr. Harish Chawla (Membership No.: 9002; CP No.: 15492), Partner, CL & Associates, Company Secretaries, has been appointed as the Scrutinizer to oversee the process, with Mr. Abhishek Lamba (Membership No.: 10488; CP No.: 13754), Partner, CL & Associates, as the alternate. The resolution, if passed, will be deemed to have been approved at a general meeting held on the date of the end of the remote e-voting facility, June 13, 2026. The filing was signed by Shalini Keshan, Company Secretary and Compliance Officer (Membership No.: ACS-014897), on behalf of Apeejay Surrendra Park Hotels Limited.

ApeeJay Surrendra Park Hotels has announced the signing of two new hotel management agreements, expanding its operational footprint into key religious tourism destinations across India.

Strategic Expansion into Religious Tourism Markets

The hospitality company has secured management deals for properties in Ayodhya and Ujjain, both significant pilgrimage destinations that attract millions of visitors annually. These locations represent strategic additions to the company's portfolio, capitalizing on the growing religious tourism sector in India.

Deal Overview

Market Positioning

The expansion into Ayodhya and Ujjain positions ApeeJay Surrendra Park Hotels to serve the substantial tourist and pilgrim traffic in these culturally significant cities. Ayodhya, known for its religious importance in Hindu tradition, and Ujjain, one of the seven sacred cities in Hinduism, both represent high-potential markets for hospitality services.

These management agreements align with the company's strategy to establish presence in destinations with consistent visitor demand driven by religious and cultural tourism. The deals demonstrate ApeeJay's commitment to expanding its operational reach across diverse Indian markets.