Asian Hotels (North) has accepted the resignation of its Chief Financial Officer, Mr. Sachin Goel, effective from the close of business hours on July 7, 2026. The resignation was submitted due to personal reasons, marking a key change in the company's senior management structure.

Resignation Details

The company disclosed the executive transition in a filing submitted to the exchanges. The resignation was intimated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

The resignation was formally accepted by the Director – Human Resources, with the last working day confirmed as July 7, 2026. The disclosure was signed by Kriti Narula Sehgal, Company Secretary & Compliance Officer, on July 8, 2026. The company has not yet announced a successor for the position.

Asian Hotels (North) Limited has secured shareholder approval to appoint Mr. Yogesh Chander Modi and re-appoint Mr. Naresh Kumar Jain as Independent Directors. The special resolutions were passed via remote e-voting, which concluded on June 17, 2026. These appointments are effective for two-year terms, ensuring continued governance oversight at the hospitality company.

The postal ballot process sought approval for Mr. Yogesh Chander Modi (DIN: 11574896) to serve as an Independent Director for a period of two years from March 25, 2026, to March 24, 2028. Additionally, shareholders voted on the re-appointment of Mr. Naresh Kumar Jain (DIN: 01281538) for a second two-year term from May 29, 2026, to May 28, 2028. The resolutions also included approval for Mr. Jain to continue as an Independent Director beyond the age of 75 years, in compliance with SEBI regulations.

The e-voting facility was open from Tuesday, May 19, 2026, until Wednesday, June 17, 2026. A total of 114 members participated in the voting process, representing 36,820,213 shares. The results indicated strong support from institutional and non-institutional public shareholders, with the requisite majority obtained for both special resolutions.

The detailed voting results for the appointment of directors are summarised below:

Public institutions held 24,997,154 shares, with 23,900,050 votes polled in favour of the resolutions. Public non-institutions, holding 17,636,075 shares, cast 12,918,600 votes in favour. There were no votes cast by the promoter and promoter group. The scrutinizer's report confirmed that the resolutions were passed with the required majority and deemed to be passed on June 17, 2026.

The postal ballot notice was dispatched on May 18, 2026, to members whose email IDs were registered with the depositories or the Registrar and Share Transfer Agent. M/s. KFin Technologies Limited acted as the agency providing the e-voting facility. Shashikant Tiwari, Partner of M/s. Chandrasekaran Associates, Company Secretaries, served as the scrutinizer for the process.