Announced Tue, 31 Mar · 16:51 IST

Postal Ballot by voting through electronic means- Voting Results.

Management Changes View source PDF

Price

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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
+8.7%1-day move
₹266.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.7+9.8+21.6+22.6+27.4+29.7+25.6+21.3+15.0+15.2
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AI summary

International Travel House announced voting results of a postal ballot concluded on 30th March 2026, with all five resolutions passed by the required majority. Resolution 1 approves a variation in the remuneration of Managing Director Mr. Ashwin Moodliar, effective 1st October 2025 (passed with 99.77% of polled votes in favour). Resolution 2 re-appoints Ms. Vrinda Sarup as an Independent Director for a five-year term starting 29th June 2026 (also 99.77% in favour). Resolutions 3, 4, and 5 approve material related party transactions with ITC Limited, ITC Hotels Limited, and ITC Infotech India Limited respectively for FY 2026-27, each passed with 99.95% of polled votes in favour. Promoters did not vote on the RPT resolutions (being interested parties), so only 3.5% of outstanding shares were polled on those items, while items 1 and 2 saw 65.2% polling. The company is a subsidiary/associate of ITC Limited, and the RPTs cover ongoing business arrangements with the parent group.

Likely market impact

Routine corporate housekeeping — shareholders have greenlit the MD's revised pay, an independent director's re-appointment, and continuing related-party dealings with ITC group companies. No material governance red flags; the resolutions were approved with overwhelming support among voting shareholders, though low overall polling on RPT items is normal because promoters are excluded.