EIH Associated Hotels Limited has informed the Exchange regarding Change in Director(s) of the company.
EIHAHOTELS · price
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Awaiting price reaction for this filing.
The Board of EIH Associated Hotels Limited has approved the re-appointment of Mr. Vikramjit Singh Oberoi as Managing Director for a further term of five years effective 23rd June 2025, subject to shareholder approval. Mr. Oberoi has been with the company for over 39 years and also serves on the board of EIH Limited and other group companies. He holds a Bachelor's degree in Science from Pepperdine University, USA. The re-appointment was recommended by the Nomination and Remuneration Committee and the filing confirms he has not been debarred by SEBI from holding directorship.
This is a routine continuity announcement with no change in leadership. Continuity of the promoter-family MD is generally viewed positively by shareholders as it provides stable strategic direction. No material impact on stock price is expected from this re-appointment.