LGT Business Connexions Board Meeting: Director Appointments & Office Relocation
LGT Business Connexions Limited announced key board decisions including appointment of two seasoned travel industry professionals as additional directors, registered office relocation to Chennai, and postal ballot notice approval. The appointments bring over 25 years of combined expertise in corporate travel, international sales, and strategic business development to strengthen the company's leadership in the travel and tourism sector.
*this image is generated using AI for illustrative purposes only.
LGT Business Connexions Limited has announced multiple strategic decisions following its board meeting conducted on March 2, 2026. The company, operating in the travel and tourism sector under the LGT Holidays brand, disclosed these developments through an official regulatory filing to BSE Limited under Regulation 30 of SEBI regulations.
Board Meeting Outcomes
The board approved four key decisions during the meeting, as communicated to BSE Limited with scrip code 544489:
| Board Decision: | Details |
|---|---|
| Registered Office Relocation: | No. 18/1 & 18/2 (18), First Cross Street, Brindavan Street Extension, West Mambalam, Chennai-600033, Tamil Nadu |
| Director Appointment 1: | Mr. Dhawal Padmakar Bhute (DIN: 08426133) as Additional Director |
| Director Appointment 2: | Mr. Chintan Virendra Chheda (DIN: 08085061) as Additional Director |
| Postal Ballot Notice: | Approved for seeking shareholders' approval |
Director Appointments
Both directors were appointed as Additional Directors with effect from March 2, 2026, bringing significant industry expertise to strengthen the company's leadership team.
| Director Profile: | Mr. Dhawal Padmakar Bhute | Mr. Chintan Virendra Chheda |
|---|---|---|
| DIN: | 08426133 | 08085061 |
| Experience: | 25+ years in travel and MICE industry | International trade fair participation expertise |
| Educational Background: | Bachelor of Commerce, Travel & Tourism diplomas, IATA/UFTAA certification | Engineering and management background |
| Technical Skills: | Galileo and Amadeus CRS systems | Systems-driven approach to scalable businesses |
Mr. Dhawal Padmakar Bhute is a seasoned professional with over 25 years of leadership experience across corporate travel, international sales, and event management. He has held senior management and board-level positions with reputed organizations including Kuoni Travel India Ltd, Cox & Kings India Pvt Ltd, Le Passage to India, and Orbit Corporate & Leisure Pvt Ltd. He co-founded and led Tibro Tours Pvt Ltd from 2018 to 2025, where he was instrumental in defining business strategy and driving operational growth.
Mr. Chintan Virendra Chheda brings entrepreneurial expertise in international trade fair participation and corporate travel solutions. His experience in building structured trade participation models and scaling national sales networks is expected to contribute meaningfully to the company's strategic growth initiatives, particularly in expanding structured B2B travel and international business.
Regulatory Compliance
The company has confirmed full regulatory compliance for both appointments. Neither Mr. Dhawal nor Mr. Chintan is related to any existing directors of the company, ensuring independence in board composition. Both directors have confirmed they are not debarred from holding office by virtue of any SEBI order or other regulatory authority.
The postal ballot notice will seek shareholders' approval for various matters, demonstrating the company's commitment to corporate governance and shareholder participation in key decisions. These strategic appointments and corporate changes reflect LGT Business Connexions' focus on strengthening its leadership capabilities in the competitive travel and tourism industry.
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