Taj GVK Hotels & Resorts Limited has initiated a postal ballot process to seek shareholder approval for the appointment of two independent directors. The company is proposing to add Mr. N Sambasiva Rao and Mr. Jasthi Krishna Kishore to its board for five-year terms, subject to shareholder approval.

Proposed Appointments

Mr. N Sambasiva Rao, a retired IPS officer with an MTech from IIT Kanpur, served as the Director General of Police in Andhra Pradesh until 2017. Mr. Jasthi Krishna Kishore, a chartered accountant from the Indian Revenue Service, retired as Chief Commissioner of Income Tax.

Both candidates were initially appointed by the Board on September 9, 2025, and are now proposed for terms extending from September 9, 2025, to September 8, 2030.

Voting Process

The company has set up a remote e-voting system for shareholders to cast their votes. Key details of the voting process include:

• E-voting Period: October 6, 2025 (9:00 AM) to November 5, 2025 (5:00 PM)
• Results Declaration: By November 7, 2025
• Cut-off Date: September 26, 2025 (for determining eligible shareholders)

Mrs. V Vidya Rani has been appointed as the scrutinizer for overseeing the postal ballot process.

Director Profiles

Mr. N Sambasiva Rao (DIN: 06638926)

• Retired IPS officer (1984 batch)
• MTech from IIT Kanpur
• Served as Director General of Police, Andhra Pradesh until 2017

Mr. Jasthi Krishna Kishore (DIN: 08001625)

• Indian Revenue Service officer (1990 batch)
• Qualified Chartered Accountant
• Retired as Chief Commissioner of Income Tax in 2024

Voting Details

Shareholders can cast their votes electronically through the NSDL e-voting system. The company has provided detailed instructions for the e-voting process in the postal ballot notice.

Taj GVK Hotels & Resorts Limited emphasizes that both proposed directors meet the criteria for independence as per Section 149(6) of the Companies Act, 2013, and Regulation 16 of the SEBI Listing Regulations.

The Board of Directors recommends the approval of these appointments, viewing them as beneficial to the company's interests given the candidates' extensive experience and expertise in their respective fields.

Shareholders are encouraged to participate in the voting process to have their say in these important board appointments.

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.