16th AGM held - capital raise of up to INR 750 crores proposed
SAMHI · price
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SAMHI Hotels held its 16th AGM on August 31, 2026 via video conferencing. Key items put to vote include adoption of FY26 standalone and consolidated financial statements, re-appointment of director Manav Thadani who retires by rotation, an increase in authorized share capital with amendment to the MoA, and approval to raise up to INR 750 crores through equity shares or eligible convertible securities by special resolution. Remuneration for non-executive independent directors was also considered. Statutory and secretarial auditors reports had no qualifications. Voting results to be declared within two working days.
A proposed INR 750 crore equity or convertible securities raise may dilute existing shareholders. Watch voting results and pricing details.