Asian Hotels (North) Limited has informed the Exchange regarding completion of tenure of Ms Preeti Gandhi as Non- Executive Independent Director of the company and consequently cessation as a Director of the Company & Chairperson of the Board of Directors of the Company w.e.f. closing of working hours on September 12, 2025
ASIANHOTNR · price
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Ms. Preeti Gandhi's tenure as Non-Executive Independent Director of Asian Hotels (North) Limited has come to an end, effective from the close of working hours on September 12, 2025. Consequent to this, she has also ceased to be a Director and the Chairperson of the Board of the Company. The announcement is a routine disclosure regarding the natural completion of her board term, with no reasons cited for any departure or governance concern.
This is a planned end-of-tenure event and unlikely to cause any negative market reaction. However, shareholders will watch for the appointment of a new Independent Director and Chairperson, as the Board leadership position is now vacant and needs to be filled.