Apeejay Surrendra Park Hotels Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Apeejay Surrendra Park Hotels Limited has disclosed the results of a postal ballot conducted via remote e-voting between April 5 and May 4, 2025, covering three special business items. All three resolutions were passed with the required majority. Resolution 1 (re-appointment of Ms. Priya Paul as Whole-Time Director) was approved with 99.50% votes in favor, and Resolution 2 (approval of her remuneration) was passed with 95.64% in favor. Resolution 3 (appointment of Shri Ranjit Kumar Pachnanda as Independent Director) received near-unanimous support at 99.9965% in favor. Out of 44,213 shareholders on the record date of March 28, 2025, about 80.95% of outstanding shares were polled. The scrutinizer, Mr. Harish Chawla of M/s CL & Associates, Company Secretaries, certified the process as fair and transparent.
Shareholders have formally approved the re-appointment and remuneration of Ms. Priya Paul as Whole-Time Director and the induction of a new Independent Director, providing stability to the board and continuity in leadership. The strong voting margin suggests broad shareholder support, with minimal dissent even on the remuneration resolution.