Oriental Hotels Limited has informed the Exchange about Retirement
ORIENTHOT · price
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Oriental Hotels Limited has informed the stock exchanges that Ms. Gita Nayyar (DIN: 07128438) has retired as an Independent Director of the company with effect from the end of business hours on July 30, 2025. The retirement is on account of the completion of her second consecutive term as an Independent Director, in line with the maximum tenure permitted under the Companies Act. The company has made the standard disclosure under Regulation 30 of the SEBI Listing Regulations, with the relevant Annexure-A largely marked as Not Applicable since this is a term-end retirement rather than a resignation or new appointment.
This is a routine, planned retirement triggered by the end of a permitted tenure and not linked to any governance concern or disagreement, so no material impact on the stock is expected. The board will need to appoint a new Independent Director in due course to fill the vacancy.