Advani Hotels & Resorts (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ADVANIHOTR · price
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Awaiting price reaction for this filing.
Advani Hotels & Resorts has announced the results of its postal ballot conducted via remote e-voting from January 30 to February 28, 2026. Two ordinary resolutions were put to shareholders and both passed with overwhelming majority. Resolution 1 approved the remuneration payable to Mr. Prahlad S. Advani, CEO and Whole Time Director, with 99.96% of polled votes in favour. Resolution 2 ratified the payment and reimbursement of essential expenses incurred by Mr. Prahlad S. Advani, also with 99.96% support. Out of 41,050 shareholders holding 9.24 crore shares, 257 shareholders representing about 50.58% of total equity participated in the voting. Promoter and promoter group, holding roughly 50% of the company, voted 100% in favour of both resolutions.
This is a routine governance compliance filing with no material business impact. Both resolutions relate to executive remuneration and expense approvals for the CEO and were passed with near-unanimous support, so no negative signal for shareholders and unlikely to move the stock price.