Espire Hospitality Limited has announced key board appointments following a meeting held on 01st May 2026. The Board of Directors approved the appointment of Mr. Anish Shah as Additional Director in the category of Non-Executive Independent Director, effective from 01st May 2026. The appointment was made upon the recommendation of the Nomination and Remuneration Committee and is in accordance with the Companies Act, 2013, and SEBI Listing Regulations.

Appointment of Independent Director

Mr. Anish Shah brings extensive experience to the role, having worked across multiple industries including Education, Aviation, Telecom, Manufacturing, and Financial Services. He is a Chartered Accountant with over 25 years of experience, having been associated with major business houses such as Zee Learn, IL&FS, Jet Airways, Reliance Jio, and Godrej. His expertise spans financial strategy, business turnarounds, capital structure optimization, and digital enablement.

Mr. Shah has confirmed that he is not debarred from holding the office of Director by SEBI, the Ministry of Corporate Affairs, or any other regulatory authority. He is not related to any existing Director on the Board of the Company.

Internal Auditor Appointment

In a separate decision, the Board approved the appointment of M/s. Kapil Aman & Associates, Chartered Accountants, as the Internal Auditor of the Company for the financial year 2025-26. This appointment was made based on the recommendations of the Audit Committee. The firm specializes in audit and assurance, accounting, legal and taxation, risk assessment, and preparation of standard operating procedures.

Committee Reconstitution

Following Mr. Anish Shah's appointment, all board committees have been reconstituted with effect from 01st May 2026. The new committee structure includes:

The Board meeting commenced at 3:00 PM and concluded at 5:20 PM. The disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sumeer Narain Mathur, Company Secretary and Compliance Officer (Membership Number: FCS9042), signed the regulatory filing on behalf of Espire Hospitality Limited.

Espire Hospitality has announced a strategic partnership with Marriott International to develop a new JW Marriott hotel in Kosi Kalan. The luxury hospitality project marks a significant expansion for the company in the premium hotel segment.

Project Overview

The new JW Marriott hotel is scheduled to open in January 2029 and will offer comprehensive luxury accommodations and services to guests. The development represents a strategic collaboration between Espire Hospitality and one of the world's leading hospitality companies.

Strategic Partnership

The partnership with Marriott International provides Espire Hospitality access to the globally recognized JW Marriott brand, known for its luxury positioning and premium service standards. This collaboration is expected to enhance the company's portfolio in the luxury hospitality sector.

Development Timeline

With the scheduled opening set for January 2029, the project provides a clear timeline for development and operational commencement. The 151-room configuration positions the hotel as a substantial addition to the hospitality infrastructure in Kosi Kalan.

The hotel will feature multiple amenities designed to cater to luxury travelers and business guests, though specific details about the amenities have not been disclosed. This development represents Espire Hospitality's commitment to expanding its presence in the premium hospitality market through strategic brand partnerships.