Pursuant to Regulation 30 read with Para A of Schedule lll of SEBI(LODR) Regulation 2015, please to enclose proceeding of 91st Annual General Meeting.
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Emerald Leisures Limited held its 91st AGM on September 30, 2025 via video conferencing, from 11:30 AM to 11:52 AM. A total of 28 members representing 95,75,692 equity shares attended the meeting, along with 8 directors and key managerial personnel. Nine resolutions were passed through e-voting, including adoption of FY25 audited financial statements, re-appointment of directors retiring by rotation (Jaydeep Mehta and Dhwani Mehta), re-appointment of Rajesh Loya as Whole Time Director, regularization of three new independent directors (Ramaswamy Vaidyanath, Vaibhav Agarwal, and Aniruddha Joshi), appointment of Zankhana Bhansali & Associates as Secretarial Auditor, and approval for revision in material related party transaction limit up to Rs. 500 crore (passed as a Special Resolution). Chairman Jaydeep Vinod Mehta briefed shareholders on hotel industry trends, the company's FY25 performance, and growth plans. The Statutory Auditor and Secretarial Auditor reports had no qualifications or adverse remarks.
Shareholders approved a significant increase in the related party transaction limit to Rs. 500 crore, which gives the company flexibility for larger transactions with related parties. Three new independent directors were added to the board, signaling a governance refresh, though specific outcomes of the votes were not disclosed in this filing.