Mac Hotels Limited held its 36th Annual General Meeting on September 30, 2026, at Dina Banquet Hall, Hotel Miramar, Caranzalem, Goa, where shareholders passed both ordinary resolutions unanimously.

The meeting was chaired by Edgar M. R. Cotta, Managing Director, and ran from 3:30 pm to 4:30 pm. As on the record date of September 23, 2026, the company had 174 total shareholders. Of these, 8 promoter group members and 6 public shareholders attended in person or through proxy, while no shareholders joined via video conferencing. Jaymin Modi of Jaymin Modi & Co, Company Secretaries, was appointed as Scrutinizer for the remote e-voting and poll process.

Resolutions passed

Two ordinary resolutions were placed before shareholders. The following table summarises the agenda items and their outcomes:

Voting results

Voting was conducted through physical poll at the AGM. Remote e-voting was available from 9:00 am on September 26, 2026 to 5:00 pm on September 29, 2026, though no e-votes were recorded. The scrutinizer's report, issued on October 3, 2026, confirmed the combined results as follows:

Resolution 1: Adoption of financial statements

Resolution 2: Re-appointment of Edwin E R Cotta

In both resolutions, 14 members cast a total of 2711430 votes, all in favour, with zero votes against and no invalid votes recorded. The voting rights were reckoned as on September 23, 2026, being the cut-off date. After the conclusion of the AGM, votes cast through remote e-voting were unblocked on October 1, 2026 in the presence of two witnesses.

Compliance and procedural details

The proceedings were conducted in compliance with Section 108 and Section 109 of the Companies Act, 2013, Rule 20 and Rule 21(2) of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Electronic copies of the Annual Report 2025-26 and the AGM notice were sent to all members whose email addresses were registered with the company or depository participants. The scrutinizer's consolidated report was issued on October 3, 2026, and the voting results were disclosed to the stock exchanges in accordance with regulatory requirements.

Mac Hotels Limited reported a 20% year-on-year increase in net profit after tax to ₹33.41 lakh for the financial year ended March 31, 2026 (FY26). The Goa-based hospitality company also posted a 23% growth in revenue from operations, reaching ₹457.73 lakh, compared to ₹371.66 lakh in the previous fiscal year.

The company has scheduled its 36th Annual General Meeting (AGM) for September 30, 2026, at the Dina Banquet Hall, Hotel Miramar, in Caranzalem, Goa. The meeting is set for 3:30 pm and will focus on ordinary business items, including the adoption of audited standalone financial statements for FY26.

Financial Performance

Mac Hotels' revenue from operations grew significantly during FY26. Profit before tax from continuing operations rose to ₹41.64 lakh from ₹40.04 lakh in FY25. Despite a higher pre-tax profit, tax expenses decreased to ₹8.23 lakh from ₹12.13 lakh in the prior year, contributing to the bottom-line improvement.

Key Agenda Items

The notice outlines two primary resolutions for shareholder approval at the upcoming AGM:

Edwin E R Cotta retires by rotation at this meeting and has offered himself for re-appointment. The Nomination and Remuneration Committee and the Board of Directors have recommended his re-appointment pursuant to Section 152 of the Companies Act, 2013.

Voting and Record Dates

The company has enabled remote e-voting through the NSDL system. The voting window opens on September 26, 2026, at 9:00 am and closes on September 29, 2026, at 5:00 pm. Shareholders whose names appear in the register as of September 23, 2026, are eligible to cast their votes.

Members may also opt for physical voting using an assent/dissent form. These forms must reach the scrutinizer, M/s Jaymin Modi & Co, by 5:00 pm on September 29, 2026. The register of members and share transfer books will remain closed from September 24, 2026, through September 30, 2026.