Best Eastern Hotels Ltd Announces Demise of Promoter Mrs. Meena Kothari

Best Eastern Hotels Ltd has announced the demise of Mrs. Meena Kothari, a promoter of the company, who passed away on November 30, 2025. The company made this disclosure to BSE Limited on March 20, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter Details and Shareholding

Mrs. Meena Kothari held a significant stake in the company at the time of her demise. The shareholding details are presented below:

Parameter:	Details
Name:	Mrs. Meena V Kothari
Category:	Individual/Promoter
Date of Demise:	November 30, 2025
Shareholding:	42,50,000 equity shares
Percentage of Capital:	25.22% of paid-up equity share capital

Family Relationships

Mrs. Kothari had inter-se relationships with other promoters and directors of the company:

Mr. Vinaychand Kothari: Spouse
Mr. Dilip V Kothari: Son
Mrs. Neelam D Kothari: Daughter-in-law

Regulatory Compliance

The company informed that Mrs. Kothari ceased to be a promoter in accordance with Regulation 31A (6) (c) of the SEBI LODR Regulations, 2015. The transmission of shares held by the deceased will be carried out in due course following applicable laws, with necessary disclosures to be made as and when required.

Delayed Disclosure Explanation

Regarding the delayed intimation from November 2025 to March 2026, the company initially considered the event non-material since Mrs. Kothari was not involved in the management, day-to-day affairs, and decision-making of the company. However, for governance transparency and investor awareness, the company decided to make the disclosure.

The announcement was signed by Dilip V Kothari, Joint Managing Director & CFO (DIN: 00011043), expressing the company's deep condolences on the sad demise of Mrs. Meena Kothari.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.59%	+1.40%	-15.43%	-27.57%	-25.93%	-47.46%

Best Eastern Hotels Ltd. has announced that its Board of Directors will meet on February 13, 2026, to review and adopt the company's quarterly financial performance. The meeting represents a key corporate governance milestone as the company prepares to disclose its financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The board meeting has been scheduled in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda focuses on the consideration and adoption of unaudited financial results for the quarter ended December 31, 2025.

Meeting Parameter:	Details
Date:	February 13, 2026
Purpose:	Consider Q3FY26 unaudited financial results
Quarter Period:	October 1 - December 31, 2025
Results Type:	Standalone unaudited results
Review Report:	Limited Review Report by Auditors

Trading Window Closure

In compliance with insider trading regulations, Best Eastern Hotels has implemented a trading window closure for its shares. The company has closed the trading window effective January 1, 2026, as per the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct.

The trading window will remain closed until 48 hours after the submission of financial results to stock exchanges. This measure ensures compliance with regulatory requirements and prevents any potential insider trading activities during the financial results preparation and disclosure period.

Regulatory Compliance

The announcement demonstrates the company's commitment to maintaining transparency and adhering to regulatory frameworks. The notification was signed by Dilip V Kothari, Joint Managing Director, bearing DIN 00011043, and submitted to BSE Limited on February 7, 2026.

Best Eastern Hotels operates under CIN L99999MH1943PLC040199 and trades on BSE with scrip code 508664. The company's registered office is located at Chartered House, Dr. C. H. Street, Near Marine Lines Church, Mumbai.