Sayaji Hotels (Pune) Limited has issued a postal ballot notice dated February 23, 2026, seeking shareholder approval for a key board appointment through electronic voting. The company is proposing the appointment of Mr. Nimeshkumar Natwarlal Gandhi as a Non-Executive Independent Director, requiring shareholders to vote on a Special Resolution.

Postal Ballot Timeline and Process

The company has established a comprehensive timeline for the postal ballot process, with all communications being conducted electronically in compliance with regulatory requirements.

The postal ballot notice has been dispatched electronically to members whose names appear in the Register of Members and List of Beneficial Owners as received from depositories. The company has engaged Central Depository Services (India) Limited (CDSL) to provide the e-voting facility, accessible through www.evotingindia.com .

Proposed Director Appointment

The Board of Directors appointed Mr. Nimeshkumar Natwarlal Gandhi (DIN: 10516536) as an Additional Non-Executive Independent Director on February 5, 2026. The proposed appointment seeks shareholder approval for a five-year term from February 5, 2026, to February 4, 2031.

Mr. Gandhi brings extensive expertise as a practicing Chartered Accountant with 31 years of experience in accounts, taxation, corporate governance, and allied areas. His professional background includes providing statutory and internal audit services, along with consultancy in Income Tax, GST, Company Law, Management, and Project Financing.

Scrutinizer and Compliance Framework

The company has appointed Mr. Neelish Gupta, Practicing Company Secretary (Membership No. FCS: 6381 and CP: 6846), as the scrutinizer for conducting the postal ballot process. The scrutinizer will submit a report upon completion of scrutiny of e-voting data provided by CDSL.

The postal ballot process complies with Section 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The process also adheres to various MCA General Circulars issued between 2020 and 2025.

Voting Process and Results

Shareholders can access the e-voting facility through multiple channels:

• Individual shareholders with demat accounts: Through their respective depository participants (CDSL/NSDL)
• Physical shareholders and non-individual shareholders: Through CDSL e-voting system at www.evotingindia.com
• Corporate shareholders: Must register in the "Corporates" module

The results will be announced within 2 days from the last day of voting and will be displayed on the company's website ( www.shplpune.com ), BSE Limited's website, and CDSL's website. The resolution, if approved by the requisite majority, will be deemed to have been passed on Monday, April 6, 2026.

Director Independence and Qualifications

Mr. Gandhi satisfies the criteria for independence as prescribed under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the Listing Regulations. He is not related to any existing director of the company and has provided consent confirming he is neither disqualified nor debarred from holding the office of Director.

The appointment recommendation came from the Nomination and Remuneration Committee, with the Board determining that Mr. Gandhi's background, knowledge, and experience align with the company's business requirements and sector operations. He currently serves as Chairman and Member of the Audit Committee and Stakeholder Relationship Committee at Sayaji Hotels Limited.

Sayaji Hotels (Pune) Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025, in newspapers as required under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's results were published in Financial Express (English) and Vadprad Today (Gujarati) newspapers on February 7, 2026.

Financial Performance Overview

The hospitality company delivered solid financial results for Q3FY26, demonstrating consistent growth in profitability and operational performance. The Board of Directors approved these results during their meeting held on February 5, 2026.

Nine-Month Performance Highlights

The nine-month period ended December 31, 2025 showed stronger performance indicators, with the company achieving double-digit growth in profitability metrics.

Consolidated Results Performance

The consolidated financial results include the performance of Sayaji Hotels (Pune) Limited and its subsidiary, Super Civilttech Private Limited. Consolidated net profit for Q3FY26 reached ₹586.21 lakh compared to ₹545.24 lakh in the corresponding quarter of the previous year.

Regulatory Compliance and Publication

The company has fulfilled its regulatory obligations by publishing the financial results in both English and regional language newspapers. Company Secretary and Compliance Officer Kajal Jain confirmed the newspaper publication compliance in the official communication to BSE Limited on February 7, 2026.

The complete financial results are available on the company's website at www.shplpune.com and on stock exchange websites. The results demonstrate the company's operational efficiency in the hospitality sector and consistent growth trajectory across both quarterly and nine-month periods.