Leela Palaces Hotels & Resorts concluded its Seventh Annual General Meeting on September 4, 2026, approving all three ordinary resolutions with the requisite majority. The meeting marked the company’s first full financial year as a listed entity.

The AGM was conducted via Video Conferencing / Other Audio-Visual Means (VC/OAVM). A total of 85 members participated electronically, comprising eight promoter group shareholders and 77 public shareholders. Deepak Parekh, Chairman of the Board, chaired the proceedings.

Voting Results and Resolutions

Shareholders voted on three ordinary resolutions between August 31 and September 3, 2026, via remote e-voting, with additional voting available during the meeting. All resolutions were passed unanimously by the promoter group and institutional investors.

Shareholder Participation

As of the record date on August 28, 2026, the company had 52,959 shareholders. The total shares held stood at 33,39,57,878. Voting participation was significant among institutional holders, who cast votes on 79.53% of their outstanding shares for the financial statement adoptions.

Promoter and Promoter Group shareholders held 25,34,98,109 shares and voted in favor of all resolutions with 100% support. Public Institutional holders, holding 6,69,11,313 shares, also voted unanimously in favor of the financial statements. However, they showed dissent on the director re-appointment, with 17.31% voting against.

Public Non-Institutional shareholders held 1,35,48,456 shares. While their participation rate was low at 0.15%, they largely supported the financial statements. On the re-appointment of Ms. Ananya Tripathi, 5.83% of non-institutional votes were cast against the resolution.

Governance and Attendance

The statutory auditors’ report and secretarial auditor’s report contained no qualifications or adverse remarks. Key board members attending included Independent Directors Apurva Purohit, Mukesh Butani, and Deepak Parekh, alongside Non-Executive Director Ananya Tripathi and CEO Anuraag Bhatnagar. Non-Executive Directors Ankur Gupta and Shai Zeling were unable to attend due to unavoidable circumstances.

The scrutinizer, Vaibhav Dandawate of Makarand M. Joshi & Co., confirmed that there were no invalid votes and that all resolutions met the required majority thresholds under the Companies Act, 2013 and SEBI Listing Regulations.

Leela Palaces Hotels & Resorts has scheduled its Seventh Annual General Meeting (AGM) for Friday, September 4, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) at 11:00 am IST, in compliance with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company dispatched the AGM notice along with the Annual Report for FY25-26 electronically on August 13, 2026, to members who have registered their email addresses as on the cut-off date of August 7, 2026. Physical copies of the notice have been dispensed with as per regulatory guidelines. Shareholders who have not registered their email addresses received a letter containing a link to access the documents.

E-Voting Details

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and voting during the meeting. The remote e-voting module will be available for a specific window prior to the AGM.

Shareholders are advised that once a vote is cast via remote e-voting, it cannot be changed subsequently. Members who vote remotely may still attend the meeting via VC/OAVM but will not be entitled to vote again. Those who do not vote remotely can cast their votes during the meeting.

Eligibility and Cut-Off Date

Only individuals whose names appear in the Register of Members or List of Beneficial Owners as on Friday, August 28, 2026, will be eligible to participate in remote e-voting or vote at the meeting. Voting rights will be calculated based on the paid-up value of equity shares registered in the member's name on this cut-off date.

Mr. Vaibhav Dandawate, Partner at Makarand M. Joshi & Co., has been appointed as the Scrutinizer to oversee the e-voting process and ensure transparency. In his absence, Ms. Deepti Kulkarni of the same firm will serve as the alternate Scrutinizer.

Accessing Documents

The AGM notice, Annual Report for FY25-26, and other related information are available on the company’s website, the stock exchanges’ websites (BSE Limited and NSE India Limited), and the NSDL e-voting portal. Shareholders can also inspect relevant documents electronically by sending a request to cs@theleela.com or physically at the company’s registered office during business hours on all working days except Saturdays and Sundays until the date of the AGM.