Benares Hotels Limited has announced the opening of a special window for re-lodgement of transfer requests of physical shares, providing shareholders with an opportunity to complete previously incomplete or rejected transfer processes. The company published newspaper advertisements on March 27, 2026, in Financial Express (English) and Hindustan, Varanasi Edition (Hindi) to inform stakeholders about this facility.

SEBI Circular Enables Special Window

The Securities and Exchange Board of India (SEBI) issued circular HO/38/13/11/2026-MIRSD-POD/13750/2026 dated January 30, 2026, allowing the opening of another special window to facilitate transfer and dematerialization of shares held in physical form for a period of one year. This regulatory provision enables companies to provide shareholders with additional opportunities to complete share transfer processes that were previously incomplete or rejected.

Window Details and Eligibility

The special window will remain open from February 5, 2026 to February 4, 2027, providing shareholders with a full year to complete their transfer requests. The facility is specifically designed for investors whose transfer deeds were executed prior to April 1, 2019 but were either not lodged for transfer or were lodged but subsequently rejected or returned due to deficiency in documents, provided their original share certificates are available.

Exclusions and Restrictions

Certain categories of shares are not eligible for this facility. Securities already transferred to the Investor Education and Protection Fund (IEPF) cannot be re-lodged through this window. Additionally, shares involving disputes between transferor and transferee are excluded from this facility.

Process and Requirements

Shareholders wishing to avail this opportunity must submit necessary original transfer documents, along with corrected or missing details and other requisite documents to the company's Registrar and Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The registrar's office is located at Noble Heights, 1st Floor, Plot No. NH 2, C-1 Block, LSC, Near Sawitri Market, Janakpuri, New Delhi-110058.

Important Conditions

Shares re-lodged for transfer will be issued only in demat form and will remain under lock-in for a period of one year from the date of registration of transfer. During this lock-in period, the shares cannot be transferred, pledged, or marked under lien. This condition ensures compliance with regulatory requirements while providing shareholders with the facility to complete their transfer processes.

Contact Information

For queries related to this facility, shareholders can raise requests at the MUFG Intime helpdesk portal, call the helpline number +91 11 4941 1000, or send emails to investor@tajhotels.com . The company has also made this information available on its website at www.benareshotelslimited.com .

Benares Hotels Limited has appointed Mr. Sumit Singh Deol as Chief Executive Officer (CEO), designating him as Key Managerial Personnel (KMP) of the company effective February 24, 2026. The appointment was approved by the Board of Directors during their meeting held on February 24, 2026, based on recommendations from the Nomination and Remuneration Committee.

Board Meeting and Regulatory Compliance

The board meeting commenced at 02:15 pm and concluded at 02:40 pm on February 24, 2026. The appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company providing detailed disclosures as required under the regulatory framework.

The company has communicated this appointment to BSE Limited under scrip code 509438, fulfilling its disclosure obligations as a listed entity.

New CEO Profile and Experience

Mr. Deol brings substantial experience in hospitality management to his new role. He joined IHCL in 2010 as a Restaurant Manager in Taj Coromandel, Chennai, and has since developed extensive expertise in Food & Beverage operations and General Management.

Professional Achievements

Throughout his career with the organization, Mr. Deol has demonstrated strong leadership capabilities by successfully managing teams at multiple prestigious properties. His experience includes leadership roles at Taj Taal Kutir and management positions at Taj Coromandel, Chennai. He has extensive experience in Food & Beverage operations, a proven track record in General Management, and has been recognized through various industry awards and laurels.

Company Information

Benares Hotels Limited operates with its registered office located at Taj Ganges, Nadesar Palace Compound, Varanasi, and maintains its corporate office at Taj Palace, Sardar Patel Marg, New Delhi. The company is incorporated under CIN: L55101UP1971PLC003480 and trades on BSE under scrip code 509438. The appointment represents a strategic leadership decision as the company continues its operations in the hospitality sector.