Apollo Sindoori Hotels Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2025
APOLSINHOT · price
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Apollo Sindoori Hotels Limited has announced its 27th Annual General Meeting to be held on Thursday, September 25, 2025, at 11:00 AM via video conferencing. Shareholders on record as of September 18, 2025, will be eligible to vote, with remote e-voting running from September 22 to September 24, 2025. The AGM will consider adopting audited financial statements, declaring a final dividend of Rs. 2.00 per share, reappointing Ms. Sindoori Reddy as director, and reappointing Ms. Sucharitha Reddy as Managing Director for another five years. Other items include appointing BP & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), approving material related party transactions with Apollo Hospitals Enterprise Limited worth up to Rs. 450 crore for FY 2025-26, and authorizing loans and investments up to Rs. 150 crore under Section 186 of the Companies Act. For FY 2024-25, the company reported consolidated revenue of Rs. 552 crore with a profit after tax of Rs. 7.7 crore, while standalone revenue stood at Rs. 317 crore with a PAT of Rs. 10 crore.
Shareholders will receive a Rs. 2.00 per share dividend if approved, and the continuation of the existing Managing Director along with a large related party transaction limit signals business continuity and strong expected ties with Apollo Hospitals. The AGM outcomes are largely procedural but confirm steady operations and ongoing capital flexibility, which should be viewed as neutral to mildly positive for the stock.