Submission of Postal ballot Notice dated 10th March 2026 pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
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LGT Business Connextions Limited has sent a postal ballot notice to its members seeking approval for four resolutions through e-voting. The key proposal is a name change from 'LGT Business Connextions Limited' to 'LGT Global Hospitality Limited' to better reflect its travel and hospitality business focus, requiring a special resolution. Three board changes are also proposed: regularization of Mr. Dhawal Padmakar Bhute (51, 25+ years in travel/MICE industry) and Mr. Chintan Virendra Chheda (41, MBA from NMIMS) as Non-Executive Directors, and appointment of Mrs. Namrata Kalanouria (33, qualified Company Secretary) as Independent Director for a 5-year term from 10 March 2026 to 9 March 2031. The e-voting window runs from 12 March 2026 to 10 April 2026, with the cut-off date of 6 March 2026, and results are to be declared by 14 April 2026. CDSL has been engaged to provide the e-voting platform, and Mr. Gouri Shanker Mishra has been appointed as scrutinizer.
This is a procedural corporate filing with no direct financial impact on shareholders. The proposed name change signals the company's intent to rebrand itself around its hospitality and travel business, which may help with brand recognition and future growth positioning. The new directors bring relevant travel industry expertise and corporate governance experience, which could support the company's stated growth ambitions in domestic and global markets.