Asian Hotels (North) Limited has announced the completion of Mr. Arjun Raghavendra Murlidharan's tenure as Independent Non-Executive Director and Chairman of the Board. The company informed stock exchanges about this significant board change through a regulatory filing dated April 03, 2026.

Director Term Completion Details

The company's communication to BSE and NSE outlined the specific circumstances of the directorship change:

Mr. Murlidharan's second and final term as an Independent Non-Executive Director concluded at the closure of business hours on April 03, 2026. Consequently, he also ceased to be the Chairman of the Board of Directors with effect from the same date.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Tarun Srivastava signed the disclosure documents, ensuring compliance with regulatory requirements.

The filing included detailed information as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided the mandatory annexure containing specific details about the directorship change, including the reason for cessation and effective dates.

Corporate Governance Impact

The completion of Mr. Murlidharan's term represents a planned transition in the company's board structure. As an Independent Non-Executive Director, his role was crucial in providing independent oversight and governance. His dual cessation from both the directorship and chairmanship positions will require the company to make appropriate arrangements for board leadership and independent director representation.

Asian Hotels (North) Limited, incorporated in 1980 and headquartered in New Delhi, operates in the hospitality sector. The company maintains its registered office at Bhikaji Cama Place and continues to be listed on both BSE and NSE under the symbol ASIANHOTNR.

Asian hotels (north) Limited has announced the appointment of Mr. Yogesh Chander Modi as an Independent Director, bringing significant law enforcement expertise to its board. The appointment was formalized through Board Circular Resolution No. 23/2025-26 on March 25, 2026, following recommendations from the company's Nomination and Remuneration Committee.

Appointment Details

The board has appointed Mr. Modi as an Additional Director acting in the capacity of Independent Non-Executive Director in accordance with the Companies Act, 2013 and SEBI Listing Regulations. The appointment is effective for a two-year term from March 25, 2026 to March 24, 2028, subject to shareholder approval to be obtained within three months.

Professional Background

Mr. Yogesh Chander Modi brings extensive experience in law enforcement and investigation to the company's board. He is the former Director-General of the National Investigation Agency (NIA) of India, having served in this capacity from October 30, 2017 until his superannuation on May 31, 2021.

A retired 1984 batch officer of the Assam-Meghalaya cadre, Mr. Modi has over 37 years of experience in the Indian Police Service (IPS). His career includes significant tenure with the Central Bureau of Investigation (CBI) for approximately 10 years across two stints (2002-2010 and 2015-2017), where he handled Special Crime and Economic Offences besides Anti-Corruption cases.

Career Highlights

Mr. Modi's distinguished career spans multiple prestigious positions:

• Cabinet Secretariat Service (1991-2002): Worked with Cabinet Secretariat of India with various postings including one outside India
• State Postings: Served in Assam and Meghalaya as SDPO, District S.P., DIG (Range) and Additional Director General of Police (Law & Order)
• CBI Experience: Additional Director at CBI, New Delhi, prior to joining NIA
• NIA Leadership: Joined as Officer on Special Duty (OSD) on September 22, 2017, and was subsequently appointed Director-General

Regulatory Compliance

The company has confirmed that Mr. Modi is not related to any existing director in terms of Section 2(77) of the Companies Act, 2013, ensuring compliance with independence requirements. The appointment has been made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with proper intimation provided to both BSE Limited and National Stock Exchange of India Limited.

The appointment reflects the company's commitment to strengthening its board with experienced professionals who can provide strategic guidance and governance oversight.