EIH Associated Hotels Limited concluded its 43rd Annual General Meeting (AGM) on August 4, 2026, with shareholders approving the company’s audited financial statements for the fiscal year ended March 31, 2026. The meeting, held via Video Conference and Other Audio Visual Means (VC/OAVM), also saw the declaration of a dividend on equity shares for FY26 and the re-appointment of Arjun Singh Oberoi as a Director.

The meeting was convened in compliance with Regulation 30 read with Schedule III Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. It commenced at 4:30 P.M. IST and concluded at 5:10 P.M. IST. A total of 38 members were present during the proceedings.

Key Resolutions Passed

The Board of Directors presented several ordinary and special business items for shareholder approval. The following resolutions were transacted:

Arjun Singh Oberoi, Chairman of the Company, presided over the meeting and delivered a speech outlining the company’s operations, achievements, and future outlook. The Notice of the Meeting and the Auditors' Report on the Financial Statements with all annexures for FY26 were taken as read.

Governance and Attendance

Six directors were present at the AGM: Arjun Singh Oberoi, Vikramjit Singh Oberoi, Surin Shailesh Kapadia, Ameeta Aziz Parpia, Sandeep Barasia, and Atul Hiralal Shah. The appointment of Atul Hiralal Shah (DIN: 02538052) as a Non-Executive Independent Director was approved under special business.

Shareholders were provided a facility to interact with management and express their views, with clarifications provided to all queries raised. The Company facilitated remote e-voting through the National Securities Depository Limited (NSDL) platform from 10:00 A.M. on August 1, 2026, to 5:00 P.M. on August 3, 2026. E-voting was also available during the AGM for members who had not voted remotely. The e-voting facility was disabled 15 minutes after the closure of the AGM.

What the Numbers Show

While specific financial figures such as net profit or revenue were not disclosed in the immediate proceedings notice, the approval of the audited financial statements indicates that the company’s statutory audit for FY26 has been completed. The declaration of a dividend signals management’s confidence in the company’s cash flow position post-FY26. The re-appointment of Arjun Singh Oberoi ensures continuity in leadership, while the addition of Atul Hiralal Shah strengthens the independent oversight capability of the Board.

EIH Associated Hotels Limited announced that Surin Shailesh Kapadia will complete his tenure as an Independent Director on August 4, 2026. The departure follows the natural conclusion of his term rather than a resignation or removal. This change in board composition affects the governance structure of the company, which is part of the Oberoi Group.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The Board of Directors expressed gratitude for the contributions made by Mr. Surin Shailesh Kapadia during his service as an Independent Director.

Key Details of the Tenure Completion

The cessation of duties is effective from the close of business hours on the specified date. The details of the change are outlined below:

Governance Implications

The completion of the term is a routine corporate governance event. EIH Associated Hotels Limited must ensure compliance with regulatory requirements regarding the composition of its Board of Directors following this cessation. The company has notified both the National Stock Exchange of India Limited and BSE Limited of this development.