Taj GVK Hotels & Resorts Limited, a prominent player in the hospitality sector, has announced significant changes to its board composition. The company's Board of Directors has approved the appointment of two Additional Directors in non-executive and non-independent capacities, marking a strategic move in its corporate governance structure.

Key Appointments

The Board has appointed Mr. N Sambasiva Rao and Mr. Jasti Krishna Kishore as Additional Directors, effective from September 9, 2025. Both appointments are for a term of five years and are subject to shareholder approval at the upcoming General Meeting.

Appointment Details

Corporate Governance Process

The appointments were made upon the recommendation of the Nomination and Remuneration Committee, adhering to the company's corporate governance practices. These appointments are in line with Sections 149, 150, 152, and 161(1) of the Companies Act, read with the Companies (Appointment and Qualification of Directors) Rules, 2014.

Shareholder Approval

Taj GVK Hotels & Resorts Limited has called for a postal ballot meeting to seek shareholder approval for these appointments. This move ensures transparency and gives shareholders a voice in the company's board composition.

Regulatory Compliance

The company has duly informed the stock exchanges about these appointments, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Detailed information about the appointees has been provided to the exchanges in accordance with SEBI circulars dated July 13, 2023, and November 11, 2024.

Board Meeting Details

The board meeting where these appointments were approved commenced at 4:30 AM and concluded at 5:45 AM on September 9, 2025.

These strategic appointments are expected to bring fresh perspectives and expertise to Taj GVK Hotels & Resorts Limited's board, potentially influencing the company's future direction and governance.

Taj GVK Hotels & Resorts Limited, a prominent player in the hospitality industry, has reported a cybersecurity incident affecting select IT systems within the company. The hotel chain has taken swift action to address the situation and ensure minimal disruption to its operations.

Malware Detection and Response

According to a statement released by Taj GVK Hotels & Resorts, the company detected a malware incident that impacted certain IT systems. Upon discovery, the company immediately initiated containment measures to limit the potential damage and secure the affected systems.

Regulatory Compliance and Transparency

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Taj GVK Hotels & Resorts has formally notified the relevant stock exchanges about the incident. This proactive approach demonstrates the company's commitment to transparency and adherence to regulatory standards.

Business Continuity

Despite the IT security challenge, Taj GVK Hotels & Resorts assured stakeholders that business operations continue as usual. The company stated that it is closely monitoring the situation to ensure seamless service delivery to its guests and partners.

Ongoing Vigilance

Taj GVK Hotels & Resorts emphasized that it has informed the appropriate authorities about the incident. This step indicates the company's adherence to best practices in cybersecurity incident reporting and its cooperation with relevant agencies to address the issue comprehensively.

The hospitality giant's prompt response to the malware incident highlights the increasing importance of cybersecurity in the hotel industry, where guest information and operational systems are critical assets. As digital threats continue to evolve, companies like Taj GVK Hotels & Resorts must remain vigilant and responsive to protect their IT infrastructure and maintain the trust of their customers and investors.

Stakeholders and guests can be assured that Taj GVK Hotels & Resorts is actively managing the situation while maintaining its commitment to providing high-quality hospitality services.