Announced Wed, 2 Sept · 22:24 IST

16th AGM results: Shareholders clear Rs 750 Cr fundraise plan, all 5 resolutions passed

Board & Shareholder Meetings View source PDF Explain this filing

SAMHI · price

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AI summary

SAMHI Hotels held its 16th AGM on Aug 31, 2026 via video conferencing. All 5 resolutions passed. Adoption of FY26 audited financials got 99.998 percent approval. Shareholders cleared a Rs 750 crore fundraise plan via equity or convertible securities with 79.60 percent approval, an increase in authorized share capital (99.97 percent), re-appointment of Mr. Manay Thadam as director (99.99 percent), and remuneration for independent directors (99.97 percent). 60 public shareholders attended via VC.

Likely market impact

Rs 750 crore equity fundraise approval may lead to share dilution ahead. Other resolutions are routine corporate housekeeping.