EIH Associated Hotels Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
EIHAHOTELS · price
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EIH Associated Hotels Limited has disclosed the voting results of its Postal Ballot held on 15th May 2025. Shareholders approved a Special Resolution to appoint Mr. Sandeep Kumar Barasia (DIN: 01432123) as Non-Executive Independent Director for a term of five consecutive years effective from 15th April 2025. Out of 6,09,36,294 total shares, 4,03,09,429 shares (66.15%) were voted, with an overwhelming 99.9968% voting in favour and only 0.0032% against. Promoters and public institutions voted 100% in favour, while public non-institutions voted 95.79% in favour. The resolution was passed with the requisite majority.
The appointment strengthens the board with an additional independent director, aligning with corporate governance norms. The near-unanimous approval reflects strong shareholder confidence, with no material dissent that could affect stock sentiment.