Sayaji Hotels (Pune) has appointed Mrs. Isha Garg as an Additional Non-Executive Independent Director, effective August 6, 2026. The Board of Directors approved the appointment during its meeting on the same date, citing her extensive experience in corporate law and compliance. Her tenure is conditional upon shareholder approval via a Special Resolution at the company’s ensuing General Meeting or for a period of three months from the date of appointment, whichever occurs earlier.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Garg, who holds a Master of Business Administration (MBA) and a Bachelor of Commerce degree, is a practicing Company Secretary. She brings expertise in Corporate Law Consultancy, Secretarial Audit, Compliance Reporting, NBFC Laws, Capital Markets, and Securities Laws. The filing confirms she satisfies the independence criteria under the Companies Act, 2013 and SEBI LODR, and is not related to any existing director of the company.

Director Profile and Qualifications

Mrs. Isha Garg’s professional background includes representation before various statutory authorities and handling DGFT matters. Her appointment strengthens the Board’s oversight capabilities, particularly in regulatory compliance and corporate governance. The company disclosed that she is not debarred from holding the office of Director by any SEBI order or other authority.

Regulatory Compliance and Next Steps

The Board notified the BSE Limited regarding the change in management on August 6, 2026. The notice included details required under Regulation 30 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Shareholders will need to approve her appointment through a Special Resolution at the upcoming General Meeting to confirm her five-year term. Until such approval, her office-holding period is limited to three months from the initial appointment date.

This appointment coincides with the Board’s approval of the unaudited financial results for Q1FY27, which showed a net profit rise of 28.75% year-on-year. The addition of an independent director with strong legal and compliance expertise aligns with best practices for corporate governance, particularly as the company navigates its operational growth and regulatory requirements.

Sayaji Hotels (Pune) Limited has accepted the resignation of Mrs. Suchitra Dhanani from the position of Non-Executive Non-Independent Director effective from the closure of business hours on June 25, 2026. The resignation was tendered due to other occupations, as stated in the official filing submitted to the stock exchange.

The company informed BSE Limited regarding the change in directorship under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with Para A of Part A of Schedule III of the regulations.

Mrs. Suchitra Dhanani, holding Director Identification Number (DIN) 00712187, submitted her resignation letter dated June 25, 2026. The letter cited other occupations as the reason for stepping down from the role. The company acknowledged the receipt of the resignation letter and confirmed the effective date of cessation.

The following table summarizes the details of the directorship change:

The resignation has been recorded for the company's statutory and regulatory compliance purposes. Kajal Jain, Company Secretary and Compliance Officer for Sayaji Hotels (Pune) Limited, signed the intimation sent to the exchange on June 26, 2026.