Advani Hotels & Resorts (India) Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025
ADVANIHOTR · price
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Advani Hotels & Resorts held its 38th AGM on September 29, 2025, with about 72.8% of total shares (roughly 6.73 crore shares) participating in the vote. Four out of five resolutions were approved, including adoption of FY25 audited financial statements (99.9998% in favour), noting of interim dividends (99.9998% in favour), re-appointment of Mrs. Nina H. Advani as director (65.42% in favour), and appointment of BNP & Associates as secretarial auditors for five years from FY26 to FY30 (99.9995% in favour). The special resolution seeking approval of remuneration for Whole Time Director & CEO Mr. Prahlad S. Advani for one year from August 1, 2025, was rejected, with only 65.42% voting in favour and 34.58% voting against; public non-institutional shareholders voted 99.89% against it. Promoter group shareholders supported all resolutions, as they were not permitted to vote on Resolution 5 due to interest.
The defeat of the CEO remuneration resolution is a notable signal of shareholder dissent on executive pay, and the board may need to rework the pay proposal or seek fresh approval, which could create short-term governance uncertainty. Otherwise, routine items (financials, dividends, auditor appointment) sailed through, and the stock is unlikely to see a major reaction beyond governance-related attention.