BSEBest Eastern Hotels LtdMediumNegative
Announced Fri, 20 Mar · 18:54 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the company policy on determination of materiality of events and information, ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹10.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-4.8-3.0-9.6-2.7+0.0+22.8+17.1+4.8+13.2
Up moveDown movePending
AI summary

Best Eastern Hotels Ltd has disclosed the passing of its promoter, Mrs. Meena Kothari, on 30th November 2025. At the time of her demise, she held 42,50,000 equity shares, representing 25.22% of the company's paid-up equity share capital. She was the mother of Joint Managing Director & CFO Mr. Dilip V Kothari and spouse of Mr. Vinaychand Kothari. The company noted that Mrs. Kothari was not involved in day-to-day management or decision-making, which is why the intimation was filed about four months after the event. The transmission of her shares to legal heirs will be carried out in due course, and she has ceased to be a promoter under SEBI LODR Regulation 31A(6)(c).

Likely market impact

This is a significant ownership event because one promoter holding over a quarter of the company's shares is no longer part of the promoter group, but operational impact should be minimal as she was not involved in management. Shareholders should watch for the transmission process and any resulting changes in the promoter group's combined holding.