Asian hotels (north) Limited has announced the completion of an Independent Director's tenure, marking a significant board transition for the hospitality company.

Director Term Completion Details

The company informed stock exchanges on March 13, 2026, that Mr. Deena Nath Pathak's second and final term as Independent Non-Executive Director will conclude on March 15, 2026. Mr. Pathak, who holds DIN: 02104727, will cease to be a director with effect from the closure of business hours on March 15, 2026.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosure.

The notification was sent to both major stock exchanges where the company's shares are listed:

• BSE Limited: Scrip Code 500023/ASIANHOTNR
• National Stock Exchange: Symbol ASIANHOTNR

Corporate Communication

The formal intimation was signed by Tarun Srivastava, Company Secretary & Compliance Officer, on March 13, 2026. The company provided the required annexure detailing the reason for change, cessation date, and other regulatory particulars as mandated under the listing regulations.

This board transition represents the natural conclusion of Mr. Pathak's maximum permissible tenure as an Independent Director under corporate governance norms, which typically limit independent directors to two consecutive terms.

Asian Hotels (North) Limited has officially announced the voting results and scrutinizer's report for the postal ballot conducted to approve the appointment of Ms. Karishma Kaur Gill as an Independent Director. The company communicated the results to BSE Limited and National Stock Exchange of India Limited on March 11, 2026, confirming the successful completion of the e-voting process.

Voting Results and Shareholder Participation

The postal ballot witnessed participation from 91 shareholders who cast their votes through the remote e-voting facility. The voting demonstrated overwhelming support for the appointment across all shareholder categories.

Director Appointment Details

Ms. Karishma Kaur Gill (DIN: 11434134) has been appointed as a Non-Executive Independent Director for a term of one year, effective from December 16, 2025, to December 15, 2026. The appointment was initially made as an Additional Director by the Board of Directors and subsequently approved by shareholders through the special resolution.

Regulatory Compliance and Scrutinizer Report

The postal ballot was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014. Shashikant Tiwari, Partner of M/s. Chandrasekaran Associates, Company Secretaries, served as the appointed Scrutinizer and submitted the official scrutinizer's report.

The e-voting facility was provided by KFin Technologies Limited, with the voting period spanning from February 10, 2026, at 9:00 AM to March 11, 2026, at 5:00 PM. The company dispatched postal ballot notices via email to shareholders whose email addresses were registered with depositories or the Registrar and Transfer Agent.

Category-wise Voting Pattern

The voting results showed strong support across different shareholder categories, with both institutional and non-institutional public shareholders backing the resolution.

The resolution was declared passed with the requisite majority, and the appointment has been formalized in accordance with the company's Articles of Association and applicable regulatory frameworks. Asian Hotels (North) Limited operates the Hyatt Regency Delhi and is listed on both BSE and NSE.