Apollo Sindoori Hotels Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
APOLSINHOT · price
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Awaiting price reaction for this filing.
Apollo Sindoori Hotels' board, at its meeting on 15th May 2025, approved the audited standalone and consolidated financial results for Q4 and FY25, with statutory auditors P Chandrasekar LLP issuing an unmodified (clean) opinion. The board recommended a final dividend of Rs. 2 per equity share (40% on face value of Rs. 5) for FY24-25, subject to shareholder approval. The board also gave in-principle approval to explore international business opportunities through subsidiaries, citing recent inbound enquiries. Additionally, Ms. Rupali Sharma resigned as Company Secretary and Compliance Officer (cited personal reasons) effective 15th May 2025, and Ms. Nadakuditi Achutha Madhavi was appointed as her replacement on the same date.
A clean audit report, a 40% final dividend, and signals of international expansion are positive for shareholders. The Company Secretary change is a routine KMP transition and is unlikely to materially affect the stock.