BSEGujarat Hotels LtdLowNeutral
Announced Tue, 26 Aug · 19:07 IST

Summary of proceedings and Voting Results.

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat Hotels Ltd held its 43rd Annual General Meeting on 26th August 2025 via video conferencing, chaired by Mr. A. Chadha. All 5 resolutions were passed with overwhelming majority (~99.997% in favour). Key items approved include: adoption of FY25 financial statements, declaration of a final dividend of ₹3 per equity share (on shares of ₹10 each) for FY ended 31st March 2025, re-appointment of Mr. Anil Chadha (who retired by rotation), approval of remuneration for statutory auditors K C Mehta & Co LLP for FY26, and appointment of Mehta & Mehta as secretarial auditors for 5 years from FY26. Of the 5,277 shareholders on record, only 62 attended the meeting (2 promoter group, 60 public), and voting participation from public shareholders was very low at just 0.16%.

Likely market impact

Shareholders will receive a final dividend of ₹3 per share, confirming a 30% payout on face value for FY25. All routine corporate housekeeping items sailed through with near-unanimous support, signaling no governance concerns from shareholders. The extremely low public voting turnout is normal for a closely-held company where promoters hold the majority.