Announced Fri, 7 Aug · 20:27 IST
SAMHI Hotels 16th AGM notice; seeks nod for Rs 750 crore fundraise
SAMHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹174.85
prior close
₹173.65
base price
After-mkt
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AI summary
SAMHI Hotels has called its 16th AGM on August 31, 2026 at 2:00 pm via video conferencing. Items include adopting FY26 audited financials, re-appointing Manav Thadani as director, raising authorized share capital from Rs 25 crore to Rs 29 crore, approving a fundraise of up to Rs 750 crore via equity or convertible securities, and fixing NEID pay at up to Rs 15 lakh per year for FY 2025-26 and 2026-27. Remote e-voting runs Aug 27 to Aug 30, 2026.
Likely market impact
Shareholders to vote on a potential Rs 750 crore equity raise that could dilute holdings, plus authorized capital hike and director pay changes.