asian hotels (north) has announced the re-appointment of Mr. Naresh Kumar Jain as an Independent Director of the Company. The decision was approved by the Board of Directors via Circular Resolution No. 04/2026-27 on May 08, 2026, following the recommendations of the Nomination and Remuneration Committee.

The re-appointment is for a second term of two years, effective immediately after the completion of Mr. Jain's existing term. The new term is scheduled to commence on May 29, 2026, and will conclude on May 28, 2028. This appointment is in accordance with the requirements of the Companies Act, 2013, and is subject to the approval of the shareholders, which must be obtained within three months of the announcement.

Profile of the Re-appointed Director

Mr. Naresh Kumar Jain possesses extensive industry experience spanning over 46 years, which includes more than 32 years of managerial experience in senior positions. He holds a B.Sc, LLB, and DCL degree. Additionally, he has been a Fellow member of The Institute of Company Secretaries of India since 1981 (FCS) and an Honorary fellow member of The Institute of Certified Public Secretaries – Kenya (FCPS).

Throughout his career, Mr. Jain has served as Director Legal & Compliance for a large listed entity for over five years. He has also held significant positions such as Past Chairman of NIRC (1992), Council Member (1995-1997), and Secretary and CEO (2003-2012) of The Institute of Company Secretaries of India. His involvement extends to various committees and groups of apex industry associations, government and regulatory bodies, academic institutions, and international associations, including the MCA, Planning Commission, SEBI, NFCG, IGONU, IFCS, and CSIA.

Currently, Mr. Jain serves as an Independent Director, Corporate Advisor, and member of the ASSOCHAM National Council for Corporate Affairs & CSR. He is also a member of the Corporate Affairs Committee of PHD and a partner at Global FinServe LLP. The company has disclosed that Mr. Naresh Kumar Jain is not related to any director of the Company in terms of Section 2(77) of the Companies Act, 2013.

Key Appointment Details

The following table summarizes the key details regarding the re-appointment:

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Asian Hotels (North) Limited has announced a key senior management appointment, naming Mr. Sachin Goel as Director of Finance effective April 17, 2026. The appointment represents a strategic addition to the company's leadership team as it continues to strengthen its financial operations.

Board Approval and Regulatory Compliance

The appointment was formalized through the Board of Directors' Circular Resolution No. 02/2026-27 dated April 17, 2026, following a recommendation from the Nomination and Remuneration Committee. The company has duly informed both BSE Limited and National Stock Exchange of India Limited about this senior management change in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Qualifications

Mr. Sachin Goel brings substantial financial expertise to Asian Hotels (North) Limited, having qualified as a Chartered Accountant from the Institute of Chartered Accountants of India in 2003. With over 23 years of comprehensive experience, he has held various key positions including Finance Leadership roles, Chief Financial Officer, and Director of Finance across different organizations.

His professional competencies encompass a wide range of financial disciplines:

• Financial Reporting and Cost Management
• Cash and Treasury Management
• Financial Modelling and Data Analysis
• Internal Controls and Fund Raising
• Investor Relations and Commercial Negotiations
• Process Improvement and Team Building
• Auditing Operations and Compliance Management

Strategic Appointment for Growth

The appointment of Mr. Goel as Director of Finance aligns with Asian Hotels (North) Limited's focus on strengthening its senior management team. His extensive experience in finance leadership positions and proven track record in areas such as treasury management, investor relations, and compliance management are expected to contribute significantly to the company's financial operations and strategic initiatives.

Asian Hotels (North) Limited, which operates the Hyatt Regency Delhi, continues to enhance its organizational capabilities through strategic appointments. The company's proactive approach to senior management appointments demonstrates its commitment to maintaining strong financial governance and operational excellence in the hospitality sector.