EIH Associated Hotels has recommended a final dividend of Rs 3.50 per equity share for the financial year ended March 31, 2026, pending approval from shareholders. The payout is scheduled to be disbursed on or before August 31, 2026, to members whose names appear on the register of members as of the record date, July 28, 2026. The announcement was made through a newspaper advertisement published on June 17, 2026, detailing the agenda for the upcoming Annual General Meeting (AGM).

The 43rd AGM of EIH Associated Hotels Limited is scheduled to be held on Tuesday, August 4, 2026, at 4.30 pm via video conferencing and other audio-visual means. Consequently, there will be no physical presence of members at the meeting. The facility for e-voting will be available to members, allowing them to cast votes prior to or during the AGM. Procedures for both remote e-voting and e-voting during the meeting are outlined in the notice of the AGM.

Dividend and Tax Compliance

The Board of Directors recommended the dividend for FY26, which is taxable in the hands of shareholders under the Income Tax Act, 2025. Tax Deducted at Source (TDS) will apply at applicable rates based on the shareholder's residential status and submission of prescribed documents. The company has specified that dividends for physical folios where KYC details are not updated before the record date will be withheld and credited only after the necessary updates are completed.

Annual Report and Regulatory Filings

In compliance with circulars from the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI), the notice for the AGM and the Annual Report 2025-26 will be dispatched exclusively via electronic mode. These documents will be sent to members whose email addresses are registered with the company or depositories. Additionally, the Annual Report and AGM notice will be accessible on the company’s website and the websites of the BSE and NSE stock exchanges.

Key AGM Dates

Shareholders holding shares in physical form have been advised to update their bank account details, email IDs, and KYC information by submitting specific forms to the Registrar and Share Transfer Agent, MUFG Indira India Private Limited. Those holding shares in dematerialized form must update their details with their respective depository participants.

EIH Associated Hotels has appointed Atul Hiralal Shah as an Additional Director in the category of Non-Executive Independent Director effective June 20, 2026, for a term of five consecutive years. The appointment, made during a board meeting held on June 15, 2026, is subject to the approval of the company's shareholders. Shah will not be liable to retire by rotation.

The decision follows the recommendation of the Nomination and Remuneration Committee of the Board. The company confirmed that the appointment complies with Regulation 17(1C) and Regulation 25(2A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant provisions of the Companies Act, 2013.

Shah is a fellow member of the Institute of Chartered Accountants of India and currently serves as the Joint Managing Partner of M/s G. M. Kapadia & Co., Chartered Accountants. He leads the firm's Assurance and Corporate Laws Practice and has over 35 years of experience in conducting audits for a variety of clients. Additionally, he is responsible for due diligence reviews and corporate law matters and is a qualified systems auditor.

The disclosure confirmed that Shah has not been debarred from holding the office of director by any SEBI order or other authority. This confirmation was provided in compliance with a SEBI order dated June 14, 2018, and subsequent circulars issued by BSE and NSE.

Shah is not related to any existing director on the board. He has been actively involved in professional development activities, including presenting papers and serving on the Expert Advisory Committee and the Accounting Standard Board of the Institute of Chartered Accountants of India.

Appointment Details