Jungle Camps India Limited , a prominent player in the eco-tourism sector, has announced significant changes to its board composition, appointing three new Non-Executive Independent Directors at its 23rd Annual General Meeting held on September 26, 2025. This move is expected to bring fresh perspectives and diverse expertise to the company's leadership.

New Appointments

The company has welcomed Mr. Rakesh Kumar Soni, Mr. Mukesh Kumar Dukia, and Mr. Amit Kumar Kaushik as Non-Executive Independent Directors, each serving a five-year term effective from September 26, 2025. These appointments, recommended by the Nomination, Remuneration and Compensation Committee and approved by the Board of Directors on September 2, 2025, aim to enhance the company's corporate governance and strategic direction.

Profiles of New Directors

Mr. Rakesh Kumar Soni

A Chartered Accountant with over 26 years of experience, Mr. Soni is the proprietor of Rakesh K. Soni & Co. His expertise spans taxation, audit, finance, due diligence, and management consultancy. Under his leadership, his firm has grown to serve both domestic and international clients, offering a comprehensive suite of financial services.

Mr. Mukesh Kumar Dukia

A Company Secretary and Law Graduate, Mr. Dukia brings 13 years of experience in corporate compliance and legal advisory. As the proprietor of M. K. Dukia & Associates, he has developed deep expertise in liaising with various government authorities and has significant experience in drafting and vetting corporate agreements.

Mr. Amit Kumar Kaushik

With over 27 years of leadership experience across government and private sectors, Mr. Kaushik brings a wealth of knowledge in energy policy, regulatory frameworks, and project implementation. His background includes roles as Officer on Special Duty to Union Ministers and as a former Wing Commander in the Indian Air Force.

Strengthening Corporate Governance

The appointment of these directors aligns with Jungle Camps India's commitment to maintaining high standards of corporate governance. All three appointees meet the independence criteria under the Companies Act, 2013, and are unrelated to the promoter group, ensuring objective oversight and guidance.

Additional AGM Proceedings

In addition to these appointments, the 23rd AGM also saw the approval of other key resolutions:

• Adoption of audited standalone and consolidated financial statements for FY 2024-25
• Re-appointment of Mr. Ajay Singh as a director liable to retire by rotation
• Appointment of Mr. Shivam Agarwal as the Secretarial Auditor for a term of five consecutive financial years

Looking Ahead

With these new appointments, Jungle Camps India Limited is poised to leverage the diverse expertise of its expanded board. The company, known for its eco-tourism ventures in locations like Kanha, Pench, Tadoba, and Rukhad, looks set to enhance its strategic capabilities and corporate governance practices.

As the eco-tourism sector continues to evolve, the infusion of new talent and experience at the board level could play a crucial role in Jungle Camps India's future growth and sustainability initiatives.

Jungle Camps India Limited , a prominent player in the hospitality sector specializing in wildlife tourism, has announced a significant development in its renovation plans for its flagship property, Pench Jungle Camp. The company's shareholders have unanimously approved a special resolution to modify the IPO prospectus dated December 13, 2024, specifically concerning the change of vendors for the renovation project.

Vendor Consolidation and Cost Savings

The special resolution, passed through a postal ballot, authorizes the company to replace multiple vendors with a single entity, Shivaay Luxury Living LLP, for furniture, furnishing, and fancy lighting categories. This strategic move is expected to result in substantial cost savings of ₹11,77,302 for the company.

Breakdown of Cost Savings

The change in vendors has led to the following cost reductions:

Shareholder Participation and Voting

The e-voting process for this resolution was conducted from June 23 to July 22, 2025. Out of the company's total 1,213 shareholders:

• 14 shareholders participated in the voting process
• These 14 shareholders represented 1,08,84,872 shares, accounting for 70.23% of the total shares
• 100% of the votes cast were in favor of the resolution

Management's Statement

Gajendra Singh, Managing Director of Jungle Camps India Limited, stated, "The unanimous approval from our shareholders for this vendor change is a testament to their trust in our decision-making process. This modification will not only lead to cost efficiencies but also streamline our renovation process for the Pench Jungle Camp."

About the Resolution

The special resolution was passed under Section 27 read with Section 13(8) of the Companies Act, 2013, and in compliance with various SEBI regulations. It allows for the variation in the prospectus filed with the Registrar of Companies, specifically regarding the vendor selection for the renovation of the Pench Jungle Camp at Pench National Park, Madhya Pradesh.

Jungle Camps India Limited's move to consolidate vendors while achieving cost savings demonstrates the company's commitment to operational efficiency and shareholder value. As the company moves forward with the renovation of its flagship property, the market will be watching closely to see how these changes impact the company's performance in the competitive wildlife tourism sector.