Juniper Hotels Limited has successfully completed its postal ballot voting process, with shareholders overwhelmingly approving a special resolution for director remuneration. The company announced the voting results on December 26, 2025, following the conclusion of the remote e-voting period that ended on December 24, 2025.

Postal Ballot Resolution Details

The special resolution sought approval for the payment of remuneration/commission to Mr. Rajiv Kaul (DIN: 06651255), Non-Executive Independent Director of the company. The postal ballot notice was originally dated November 10, 2025, with the company's intimation to stock exchanges dated November 24, 2025.

Voting Results Analysis

The voting results demonstrated strong shareholder support across all categories. The resolution was passed as a Special Resolution on December 24, 2025, with exceptional approval rates.

Scrutinizer Report and Compliance

The voting process was overseen by Nikita Kothari, Partner of N Kothari Associates, Practicing Company Secretaries, who served as the appointed scrutinizer. The scrutinizer's report, dated December 26, 2025, confirmed the validity of the entire voting process conducted through NSDL's remote e-voting platform.

Key compliance aspects included:

• Adherence to Sections 108 and 110 of the Companies Act, 2013
• Compliance with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
• Following SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Implementation of various MCA and SEBI circulars regarding remote voting

Regulatory Disclosures

The company has fulfilled its disclosure obligations under Regulations 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have been made available on the company's website at www.juniperhotels.com and on NSDL's e-voting portal at www.evoting.nsdl.com .

The communication was signed by Sandeep L. Joshi, Company Secretary and Compliance Officer, and submitted to both NSE and BSE. The successful completion of this postal ballot process enables Juniper Hotels Limited to proceed with the approved remuneration arrangement for its Non-Executive Independent Director, reflecting strong shareholder confidence in the company's governance decisions.

Juniper Hotels Limited has issued a postal ballot notice dated December 22, 2025, seeking shareholder approval for the appointment of Mr. Mayur Chokshi as Non-Executive Independent Director. The company had initially appointed Mr. Chokshi as an Additional Non-Executive Independent Director during a board meeting held on December 18, 2025, subject to shareholder approval.

Postal Ballot Process Details

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process for shareholders. Ms. Nikita Kothari, Practicing Company Secretary (Membership Number: F10365, CP No. 13507), has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Director Appointment Details

Mr. Mayur Chokshi's appointment was approved by the board based on the recommendation of the Nomination and Remuneration Committee. The appointment is for a first term of two consecutive years, commencing from December 18, 2025, to December 17, 2027.

Professional Background and Expertise

Mr. Mayur Chokshi brings over four decades of post-qualification experience as a senior Chartered Accountant and Fellow Member of the Institute of Chartered Accountants of India (FCA). He is the Founder of Mayur Chokshi & Co., a Mumbai-based chartered accountancy firm serving diversified corporate clients across multiple sectors including insurance, NBFCs, IT/ITES, FMCG, pharmaceuticals, hospitality, and telecommunications.

His expertise spans critical areas of corporate governance including IndAS/IFRS, audit committee functions, enterprise risk management, regulatory compliance, internal control systems, and business structuring. Mr. Chokshi has also completed advanced training in digital transformation and artificial intelligence governance, including a certified course on Fundamentals of Artificial Intelligence from IIT Bombay.

Current Board Composition

Following Mr. Chokshi's appointment, Juniper Hotels Limited now has eight directors across various categories:

Regulatory Compliance

The company has confirmed that Mr. Chokshi meets all regulatory requirements and is not debarred from accessing capital markets. The appointment complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice has been filed with both NSE and BSE, and the notice is available on the company's website at www.juniperhotels.com .

Shareholders whose email addresses are registered with the company, depositories, or registrar and transfer agent as of the cut-off date will receive the postal ballot notice electronically. The results of the remote e-voting will be announced within two working days from the closure of the e-voting period.