Notice of Postal Ballot dated 15.05.2026 attached
ASIANHOTNR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Asian Hotels (North) Ltd is seeking shareholder approval via postal ballot for two items: (1) appointment of Mr. Yogesh Chander Modi as an Independent Director for 2 years (term: March 25, 2026 to March 24, 2028). He is a former Director General of National Investigation Agency (NIA) with 37+ years in Indian Police Service; (2) re-appointment of Mr. Naresh Kumar Jain as Independent Director for another 2 years (term: May 29, 2026 to May 28, 2028). The re-appointment requires a special resolution because Mr. Jain will turn 75 during his term, necessitating shareholder approval per SEBI Listing Regulations. Both resolutions are special business items requiring special resolutions. Remote e-voting runs from May 19, 2026 to June 17, 2026, with results expected by June 19, 2026.
These are routine governance matters strengthening the board's independent oversight. The appointment of a former NIA chief adds law enforcement and security expertise to the board. The re-appointment maintains continuity of an experienced independent director. No immediate material impact on stock price expected from these routine appointments.